How Does The US Government Shutdown Affect Your Pension Fund?
The markets are very jittery at the moment ...
POSTED BY BOB GIBBS ON 17/01/2019 @ 8:00AM
The US Government continues its record-breaking shutdown which is causing the markets to jitter, affecting pension fund values ...
Your pension fund is being affected by the markets jitters about the US Government shutdown
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This begs us to ask the following question: Just how much impact and influence does our own Government have over your pension? Not only are the UK Government rules on pensions (with the FCA) complex (to say the least), they impact the way you set up, maintain and spend your pension.
"There's no surprise that the Brexit chaos in the UK is affecting the markets!"
And the Japanese government had their say about it recently, and countless other governments are all involved which affects the markets worldwide. This all impacts your pension fund. Even if you have a Final Salary Scheme, Government action (or inaction) could affect the transfer value of your pension if and when its possible to transfer to a personal pension.
To monitor Governments across the world and make decisions is clearly a job that needs to be done regularly. Do you want this job? It's best left to Investment Managers to do this. So, who is managing your pension? Are they managing it actively?
"Would you like to know more?"
If you'd like to find out more about actively-managed pensions and how you can keep the value resilient to fluctuations in the markets, then do give me a call on 07742 019661 or click here to ping me an email and let's see how I can help you.
Until next time ...
If you're thinking of reviewing your pensions, savings and investments then do visit oakwp.co.uk and let's see how I can help you with your wealth planning!
OAK WEALTH PLANNING
I am a whole of market Independent Financial Planner. What I do for people is to organise money so that people either make money or save money with the end result becoming more wealthy.
I achieve this through mortgages, insurances, savings, investments and especially Pensions, a subject I am especially passionate about. I am shocked by how little people know about such an important subject that has such a huge impact on their lives.
My mission is to understand where people are at on their retirement plan, then get them on the correct road to working less and enjoying more of life when they want! I use cashflow planning software to make this more visual and real.