News & Insights

Why are our pensions in crisis?

Huge deficits mean around 600 pension funds are certain to collapse in the next decade, according to the Pensions Institute at Cass Business School. It says another 400 are also at risk. These funds have combined deficits of around £45 billion, a figure which could potentially overwhelm the PPF rescue fund.

Britain’s blue chips are dishing out billions more in dividends to shareholders despite a crisis in their pension funds. One investment group analysis shows that 54 companies in the FTSE 100 index have handed out £48billion to investors in the last two years despite having a £52 billion pension black hole.

Another commentator said that insufficient contributions to pension funds could leave companies with hefty liabilities which could drag on future performance and, ultimately, lead to staff receiving lower pensions if the business runs in to difficulties and enters administration.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News


There is a lot of fear and scaremongering about the prospect of having Donald Trump positioned as the leader of the world’s biggest superpower.  A lot has been written about the economic disaster that would inevitably prevail but I am not so sure. The last time a Republican high profile public figure took the post with Ronald Reagan Hollywood superstar becoming President, many sceptics would have had similar fears.  

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How to Decode and Check a QROPS

Magnifying GlassAs an expat your pension choices can seem labyrinthine. You may have been a member of one scheme over your entire career or perhaps you have paid into several smaller workplace schemes across different countries. Knowing what to do can seem like an enigma.

There are several types of expat pension transfer available, but knowing whether a transfer is right for you will take some investigation (and almost certainly expert advice).

Here we take a look at QROPS: what is a QROPS, are they a good idea and are they a suitable retirement savings vehicle for you if you intend to move abroad or already have done so?

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