The recent and huge increase in UK households’ wealth has largely been driven by falling interest rates, especially for pensions and housing, which account for a majority of the assets. This has implications for existing taxes on wealth – and for a potential wealth tax. Household wealth in the UK has increased by almost £10 […]
Category: Pensions, savings & investment
Stock market fluctuations often seem far removed from what’s happening in the wider economy, especially in a crisis. But historically, share prices have been able to explain some changes in key economic measures and they could hold clues for the UK’s post-pandemic recovery. Fluctuations in the prices of financial assets in the stock market can […]
The recent volatility of financial markets and the monetary policy response to the Covid-19 crisis have led to renewed concerns about the funding of occupational pensions. The impact will be felt by scheme sponsors and members – and in the viability of the Pension Protection Fund. Occupational pension provision in the UK has been in […]