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.
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.
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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.
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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.