Just a quickie. Recently the Institute of Fiscal Studies put out an analysis of the super-rich. The most interesting bit to me was the suggestion that the rate at which the gap between the super-rich and the rest of us grows is dependent on what the stockmarket does. Coincidentally The Observer had a piece in it yesterday about how recent market falls would hit typical FTSE100 execs by up to £250,000. There's a clear message here - the more of your assets that are linked to equities the bigger impact this can have on your wealth. One to remember for DC schemes!
Separately the TUC has published research, also in yesterday's Observer, suggesting that the super-rich are saving £12bn a year through tax avoidance.