saying stockmarket falls have no impact on the man in the street, 30 million pension pots might give him an argument, have they got a looney farm somewhere where they keep these fooooking idiots, bred for primetime tv
DC pots are literally paper money, unless you're living of the income and/or withdrawing capital to live off. It's actually beneficial for those in the vast majority, still in the accumulation stage.
There are of course S&S ISA's, sharesaves and the like with a bit more relevancy. A relatively small number of people will be relying on dividend income, which will likely see reductions in the short term.
DC pots are literally paper money, unless you're living of the income and/or withdrawing capital to live off. It's actually beneficial for those in the vast majority, still in the accumulation stage.There are of course S&S ISA's, sharesaves and the l