Let’s talk about pensions. This blog is long and convoluted so I’m going to start it with a checklist to help you save some time if it isn’t relevant to you personally.
No Pensions at all?
Nothing to see here. You are dismissed. You do not need to read any further.
Go and enjoy yourself and please don’t do that by reading any newspapers!
Pension with Us?
You don’t have to worry about the current crisis involving many pension schemes, rising Government borrowing costs and the Bank of England.
You could however read on so you understand the issues better. You could impress friends with your new found knowledge.
Pension Elsewhere?
You probably should understand the current issues and how you could be affected.
Read All About It!
I’ve had a few clients ask me about the pension scheme crisis which is all over the media currently. I have been able to put their mind at rest if their pension is managed by us.
All of our managed investment portfolios do not hold any of the financial instruments which are causing the current issues in the pensions world.
Hopefully the above statement will now put all of our clients minds at rest. All clients who have either a self invested pension savings plan or a self invested pension drawdown plan that we manage do not have to worry about the current liquidity issues that have threatened the existence of many pensions schemes. Mind at rest now? Good.
Now go and enjoy yourself and please don’t do that by reading any newspapers!
Continue reading “The Pensions Problem”