@MattJLloyd Me in turn scanning @TorstenBell @Gilesyb timelines for enlightenment:)
@ThomasAubreyCCA Now 25 years of hard data from Australia on what it takes to build a large pool of patient DC capital...large industry wide funds. Excellent @dwppressoffice pensions team should take a trip Down Under.
Rules aren’t the issue. It’s pension institutions and structure. Patient capital emerges where large industry/state wide pension funds are the norm, run solely in members interest. See Australia, Canada, Netherlands, USA, Denmark, Sweden... https://t.co/O1gvqrtt9n
@Gilesyb History will be along shortly.
@PickardJE Any detail on the “asset fund” Sunak (very) briefly announced?
@staff_jm Capital?
@TomPowdrill @duncanbHR @sarahoconnor_ @pircuk @FT @AlicePMartin @PIRC_news Seconded
@Gilesyb @t0nyyates The sadly departed Ronnie Mac understood the dilemma: https://t.co/WmUeoTVLHs
@Gilesyb Golly gosh?
Estonian President refused to sign bill which would have enabled pensions to be cashed out early. Sound familiar? Oh and everyone can become their own fund manager too says Estonian govt. https://t.co/aJ62qaBvGI