The Government Wants to Raid Defined Benefit Pensions.

#investing #retirement #interestrates #economy

Today we will be looking at the UK government's plan to tap Defined Benefit Pension surpluses less than two years after the sector had to be bailed out by the Bank of England.

The problem with this is that with instability in the bond markets, in my opinion, set to continue it would put contributors' and retirees' funds into jeopardy as the system is highly leveraged with derivatives.

This government plan is nothing but a symptom of the desperate state of fiscal affairs the UK government is under and is nothing but a gimmick they think would help spur economic growth.

Keep your possessions safe with The Dirtyman Safe - Use the maneco10 promo code to get a 10% discount: https://dirtymansafe.wishpondpages.com/maneco/

Get your World Enslavement Forum hoodie or t-shirt and more thought-provoking designs to awaken sleeping minds here: https://wideawake.clothing/?sca_ref=4111775.wgYmKdIDoj

Where to Buy Precious Metals:

In North America:

ITM Trading: Are you looking for ways to protect your wealth during these uncertain times? Learn how to develop a customized strategy to safeguard your assets with ITM Trading's expert Gold and silver analysts team. Learn more ➡️ https://learn.itmtrading.com/maneco64 or call 866-989-4368. US mailing address required.

Miles Franklin Precious Metals Investments: send an email to info@milesfranklin.com and mention Mario or maneco64 or call on 1-800-822-8080

In the U.K. but will ship worldwide:

Contact Oliver Temple or Simon Temple at Gold Investments:

Use promo code maneco64krug to get a 1% discount on 1 troy ounce gold Krugerrands at https://www.goldinvestments.co.uk/

Use promo code maneco64tenth to get a 1% discount on 1/10 ounce gold Britannia coins at https://www.goldinvestments.co.uk/

For all other products use promo code maneco64 separately for a 0.5% discount

In the U.K. and U.S.

GlintPay App, Save and Spend in Gold - Use referral code marioGlint79
https://glintpay.com/

Please note: I will earn a small commission from affiliate links at no additional cost to you.

SUPPORT the Channel:

PayPal: https://www.paypal.me/maneco64

Patreon: https://www.patreon.com/maneco64

maneco64 blog: www.maneco64.net

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase. However, I only recommend products or services that I believe in.