This informational paper examines the impact on UK pensions of Donald Trump’s recently announced plans to introduce new import taxes on goods from almost every country.
Many who are saving in a UK pension, and those already in receipt of a UK pension, are likely to ask how such events may affect them. This SPP paper utilises the diverse expertise of its membership for the public good and highlights that reactive changes to pensions and other savings are generally not ideal compared with keeping a cool head and planning carefully.
Categories: Guides and Reports,
Tags: DB, DC, investment, UK pension schemes,
There is widespread adoption of AI within the UK pensions industry, with 87% of respondents to a recent SPP survey confirming that AI is being used by their firm. However, the survey also revealed that more than three quarters of respondents (77%) currently used AI in only 1%-5% of their services, suggesting that there is great potential for future use. This response provides further detail about such usage.
Categories: Consultations & Formal Responses, Consultations & Publications,