There have been major moves in the UK on how pension pots can invest their money. As a person skeptical of any loosening of rules, and as someone who has seen too many institutions fail, am I wrong to conclude this is going to be a bad move, for the consumer.
There are lovely 'words' there like 'invest more boldly' - is that not really to mean, more risky. With people's hard worked pension savings. As I'm not a pension expert, and as they are so wholly endorsed on AAM, is this a clever move by the UK government.
UK government wants to make pension pots bigger with riskier investments – but it faces big challenges
The potential gains may be great, but the risks of softer regulation are pretty big too.
theconversation.com
There are lovely 'words' there like 'invest more boldly' - is that not really to mean, more risky. With people's hard worked pension savings. As I'm not a pension expert, and as they are so wholly endorsed on AAM, is this a clever move by the UK government.