Ignore your pension fund and expect to be poorer in old age
De-risking pensions has been expensive for most people.
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De-risking pensions has been expensive for most people.
Britain is suffering from a lack of investment in our infrastructure, our ideas and our entrepreneurial energy, which remain amongst the world’s best.
Neil Collins’ Notebook: The LDI gamble comes to a head, and it’s time for the pompous OECD to savage the UK once again.
Welcome to the A Long Time In Finance Podcast; the long view of finance, markets and money as seen by two veteran City editors.
The Governor’s insistence that the Bank of England’s support for the gilts market will end on Friday, after which pension funds will be on their own, is both right and wrong.
Neil Collins’ Notebook: Why pension funds have been buying long-dated UK government stocks on yields of less than 2 per cent is one of the great financial wonders of our age.
The flow of money out of equities into the gilts market over the last few decades – and the fad for Liability Driven Investment instruments – was a huge regulatory failure that, in the wake of the mini-budget, triggered chaos.
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