The news is pretty flabbergasting – we aren’t spending, we must be spending , spending , spending Deciphering this puzzle is a priority for policymakers at the Bank of England. If consu…

The news is pretty flabbergasting - we aren't spending, we must be spending , spending , spending Deciphering this puzzle is a priority for policymakers at the Bank of England. If consumers do not start spending soon, the central bank will need to rethink its growth and inflation forecasts, with implications for the path of interest rates.  “We have persistently projected the saving ratio to fall, but we are yet to see this play out in a sustained way,” Catherine Mann, a BoE rate-setter, said last week, calling it a “large judgment call” that made the outlook for UK GDP unusually uncertain.

This is an argument I am used to and it's not one that I am comfortable to leave alone. We built a health system, a teaching system and a police and fire brigade to last and we should do the same for retirement income. See what you think in this argument between me and Pension Oldie. PensionsOldie says: October 11, 2025 at 7.32…

Sophie Baker, South Londoner and Crystal Palace fan (funny how there are suddenly so many of them right now) is on the VFM podcast. Sophie is a journalist for a mag I’ve never read but which …

Sophie Baker, South Londoner and Crystal Palace fan (funny how there are suddenly so many of them right now) is on the VFM podcast. Sophie is a journalist for a mag I've never read but which runs a Linked In group which I send stuff to. "PGGM moving their portfolio" is the big story for Sophie though I wonder if more than a small percentile of the listeners to the Podcast has ever heard of PGGM where LGIM and BlackRock (passive) to a more active approach (Michelangelo 2.0).

I have received a message from Terry Monk which I understand is an update of the on-going saga about pre-97 pension increases. An update from the Pensions Action Group and the Pensions Bill regardi…

I have received a message from Terry Monk which I understand is an update of the on-going saga about pre-97 pension increases. An update from the Pensions Action Group and the Pensions Bill regarding pre 97 paid for inflation protection . The Minister said this (  see below ) but in spite of a detailed letter and follow up emails we have not been told  what is acceptable or why.

Terry Pullinger and I are friends, frustrated by the failure of Government after Government to see policies over the line, content to make asset managers and insurers rich while millions of savers …

Terry Pullinger and I are friends, frustrated by the failure of Government after Government to see policies over the line, content to make asset managers and insurers rich while millions of savers are left with pots and no pensions. Andy Haldane's article which you should be able to read here, says the same thing in economist's language. People hope that their pensions are managed, expect their money is managed sensibly (like new cars they should not pollute).

Under current proposed timelines, multi-employer CDC schemes are expected to secure regulatory approval in 2026, with a view to accepting contributions from 2027. So we ought to be starting to thin…

Under current proposed timelines, multi-employer CDC schemes are expected to secure regulatory approval in 2026, with a view to accepting contributions from 2027. So we ought to be starting to think about what being in a CDC plan will feel like , if in one. What will it feel like for employer's using one to meet auto-enrolment requirements? What will it feel like to people running them?

Data is a game changer – it’s changed my view of Lerwick in Shetland.  I’d never thought of it in the same “wave” as St Helier in Jersey. Richard’s coming to our…

This is good - data is a game changer - on my view of Lerwick in Shetland I'd never thought of it in the same "wave" as St Helier in Jersey. Richard's coming to our coffee morning to repeat his triumphal sessions over the past five years. I'll now ask him about contribution demographics. You can join us on Tuesday at 10.30 - go on!

Ian McKnight Ian’s little column: enjoy my blog on Pension Funds Online ; please do follow us for more cutting edge content at Cartwright Pension Trusts! Pension Funds Online pensionfundsonline.co.…

I went to a Transparency Taskforce event at the office of Hausfeld, to hear the voice of the Transparency Task Force and to honour Chris Sier, who helped TTF be founded in 2015 but who will …

Tony Watts’ notes arrive every morning and are refreshingly relevant! Here’s one from earlier the week, which I cherish. There’s a lot coming out of the insurers about how we feel…

Half of AgeWage is in the UK, the other half in India. We speak every morning and will do this Friday, we bring everyone together to talk about pensions from east and west. Too much of our time is …

Half of AgeWage is in the UK, the other half in India. We speak every morning and will do this Friday, we bring everyone together to talk about pensions from east and west. Too much of our time is spent about UK pensions, this morning we will talk about this post sent by our friend Arun Muralidhar. I have cut out the article he is highlighting for our team but also for others with workforces in both countries.

Tony Watts' notes arrive every morning and are refreshingly relevant! Here's one from earlier the week, which I cherish. There's a lot coming out of the insurers about how we feel when in retirement (this from Standard Life). But my breakfast food comes from Tony! Right, you ‘orrible lot… Shades of “It Ain’t Half Hot, Mum” this morning, with news of a survey conducted by YouGov, testing out whether Brits would fall in line with German proposals for older people to do more to support poorer pensioners… either by paying more tax or by doing some form of national service.

I went to a Transparency Taskforce event at the office of Hausfeld, to hear the voice of the Transparency Task Force and to honour Chris Sier, who helped TTF be founded in 2015 but who will be with us for only a few days. I have had  dealings with Ned Beale of Hausfeld , working with Al Rush (Port Talbot's Pension Paramedic)

Ian McKnight Ian’s little column: enjoy my blog on Pension Funds Online and please do follow us for more cutting edge content at Cartwright Pension Trusts! Pension Funds Online pensionfundsonline.co.uk The UK economy is grappling with a sense of déjà vu. Three years ago, the Bank of England intervened in the treasury market when 30-year UK Gilt yields surged by over 1.1% in three days, contributing to the collapse of the Liz Truss government.

I have worked with Edi Truell and know his intentions were to share returns from the Pension Superfund he wanted to launch with members. Sadly this did not happen, his two applications to launch a …

I have worked with Edi Truell and know his intentions were to share returns from the Pension Superfund he wanted to launch with members. Sadly this did not happen, his two applications to launch a superfund did not happen, the third attempt- Pension SuperHaven - which could have offered a "pot to pension" retail version did not happen either. It is hard to launch a product without the secondary legislation fully in place and the Pension Scheme Road Map tells potential Superfunds that they will have to wait till 2029 to get that.

This is quite right but… I read that and thought the nudge in the Dutch toilet worked well. It helped men focus on what they are doing. Saving to spend can’t focus just on the amount sa…