Your pension fund is worth almost nothing? Find out why. | Dr. Christopher Sier | TEDxOxBridge

[@CaliToTheCrowd]

Loved this presentation! Simple, well explained, and discusses a really serious issue in a different and creative way!

[@Jim1971a]

You could invest Internationally instead of just in shares of British companies. Also, use brokerage firms with lows costs such as Vanguard

[@rufdymond]

I have a pension, I manage it myself, I take risks because that’s how I’m wired, my pension did over 100% in the last 12 months. I’m now taking down my risk levels as over the past 6 years I’ve had spectacular growth. I have and never will let anyone take FULL control over my money. These company pensions that are managed by a group of people who you never see...no chance.

[@aolvaar8792]

I pay 12%, my employer pays 12%= 24%, on $70K= $1400/mo At 7% for 20 years, The pay out is $51K/yr the fund pays me $30K/yr.

[@moneywizewithbrian]

Great video and points are extremely valid. The other side of the coin is to make sure that the fund is performing how it should at a pre determined expectancy rate.

[@requiemforamerica8432]

This should've also included the fact that governments keep the interest rates artificially low, and how hard that hit the pension funds and savers.

[@ulfhenarpolymathmilitant6258]

Explain to me what Government has the power to keep interest rates low.

[@TV-xv1le]

Yup. My mother invested almost all her money in CD's after selling off her first house and getting divorced. CD interest rates at the time were a mind blowing 10%-15%. She literally doubled the money she got after selling the house. When I was young in HS I got 5% on the tiny bit of money I had. For years we have been at near 0% and now just recently around 2%. If I could only throw a huge chunk of cash in an account that would give me completely passive income of 10%-15% for the next 30 years I could retire a happy man like my mother did.. But that will never happen. Imagine getting completely passive do nothing income of 10k..15k..20k+ per year for the next 20-30 years like my mother did. Ya that will never happen again.

[@harrisonwintergreen1147]

Most pensions are poorly managed (particularly with the rise of ESG investing) and have more retirees drawing out than workers contributing to the system Saved you 15 minutes

[@soniasonia105]

You are a great person i loved your performance

[@pialrh5653]

Super class

[@troygardner1610]

7 minutes to get to the point of the title ...grr

[@scotgod1scotgod188]

Buy physical gold and silver , thank me in the future with tears of joy

[@danci947]

this video is nearly 6 years old. Now things are slightly different but there are some decent pension fund with

[@lukewokeywoos]

What does that

[@outthesaddle2109]

3-4.5% ongoing charges for an Equity ISA?? Definitely not true, especially for large UK retail client platforms- it is much lower (

[@sumonahammedrony9637]

Wow verry good video

[@michelles4345]

Junior doctor in the U.K. £26,000 before tax (2018)

[@jasonhorst5490]

What about private 401K’s? Are they next? Isn’t it a chain event? Doesn’t the public sector invest in the same machine as the private sector?

[@andresaleans05]

super

[@Rajim5001]

Wow nice

[@chazgurrero3090]

We need to demand our government to reduce such waste. And to rethink pay analysis to white collar pay.on merits of actual analytical of each pay and exactly physical work. A management is all the same. To manage and balances. Only each person would treat our own investments best.

[@danielskelton1145]

A lot of errors in this talk. Firstly pension deficits are block shortfalls, not annual shortfalls. Secondly, they do not arise by “money going missing or charges” - they have largely arisen through low interest rates increasing the cost of securing the future income promises. Finally, asset managers earning £225k p/a will typically manage £50m of funds across a range of investors - not per investor.

[@halfexpert2647]

This here this is factual

[@sumonahammedrony9637]

Nich video

[@dennislee9027]

This guy waste people's time. Be succinct and get to the point already.

[@md.zahidulislam2281]

SUPER

[@lylecosmopolite]

USA. 310 June 2022. All data in trillions of US$. Source: Financial Accounts of the USA, 2022, second quarter. Market value of equities and mutual funds held by: * pensions = defined benefit + defined contribution 11.0 * independent retirement arrangements 11.5 * market value of traded USA shares 46.5 * value of funding shortfall for defined benefit plans owed by private employers 0.6 * Ditto for public sector employers 6.1 Moral: Refuse to be a creditor of a public sector defined benefit plan.

[@Rajim5001]

Nice

[@keithclunk3125]

What a bore. I couldn't be bothered to wait for the me, me, me stage to conclude. I assume it did, eventually.

[@havencarty1054]

You haven't done any work, why should you get any interest?

[@jessicasquire]

I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far

[@Erikkurilla01]

There are numerous strategies to achieve high yields during a financial crisis, but it is crucial to undertake such trades with the guidance and supervision of a professional financial advisor to ensure informed decision-making and risk management

[@Lemariecooper]

That's true. I've been assisted by a financial advisor for almost a year now. I started with less than $200K, and I'm just $19,000 short of half a million in profit.

[@Lemariecooper]

Nicole Anastasia Plumlee is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up

[@smmominur5085]

nice

[@andrewd6956]

The final salary maybe/bonuses maybe big, but what do you think those in IBs get when you factor in their hours.

[@markoconnor954]

more than junior doctors, and 0% respect from ordinary tax payers

[@coachtanishamarie]

Sad

[@deborahbarnes8377]

Its robbery pure and simple

[@md.zahidulislam2281]

supper

[@dondressel4802]

Well my pension fund is only funded at 57.2 % It’s been steadily going down When I looked at the cost of running the pension fund was and what they were investing in Then I got my answer why I’m glad I retired early at 53 because I have a feeling it’s not going to be there in a few years When I retired ten years ago it was funded at 88% At least my pension is not calipers here in California That fund is almost a billion dollars in the red

[@thisisbob1001]

Is he paid by the minute?

[@RS-rd4vx]

Such a lack of knowledge here. A third of the assets do NOT disappear. The liabilities measured at any moment in time are a function of the actuarial assumptions at that point. This amount of assets were not paid into the scheme

[@aeroeng22]

yes, I agree.. underfunding doesn't mean the assets disappeared, as if someone stole them. Underfunding means just that, not enough money to pay out what you promised. Say you were saving for a $5000 car, payable in 6 months. You have $4,000 after 6 months...not enough. $1000 didn't disappear, you just didn't save enough.

[@bustos1959]

Is that what you got out of this it took to long. Remember that when you r old and want to retire and can't. He telling you r being Rob and your government knows and r helping them.

[@pgaquigz1125]

bustos1959 u must have adhd

[@bignigel9015]

watched it on speed x2 and it was tolerable

[@smmominur5085]

joss

[@sasquatchcrew]

LOL America has 24 Trillion deficit bud :]

[@BeAtLeBoAr]

sorry what? do you mean debt or deficit?

[@dondressel4802]

And growing

[@PineMartenX]

Since when is David Brent doing Ted Talks.....?

[@shahzadzafar71]

First 6 minutes are embarrassing

[@voiceofreason519]

After 5 minutes I had to hang up.

[@pgaquigz1125]

Voice Of Reason u must have adhd

[@mixerman8]

What a load of doom and gloom rubbish. Intermediaries used to charge a lot managing. Gov work place handling charge is only .03 percent. The cheapest invest platform is fidelity at .35. Hargreaves Landsdown personals for me at .45 with its breadth of knowledge and top ranked available discounted funds. You can get a top rate worldwide index run fund from .01 to .25 Which is the simplest cheapest way to invest with good returns, a no brainier.

[@mlungisiluthuli8322]

The solutions to all these short falls is crypto currency and im sure all these pension funds know by now and they sitting on 100% plus profit.They take your pension money invest it in crypto and you wont know since we dont ask them anything about where is our money kept.

[@Rajim5001]

Wow nice

[@md.abdullahliton5877]

Nice

[@jessicasquire]

I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far

[@Erikkurilla01]

There are numerous strategies to achieve high yields during a financial crisis, but it is crucial to undertake such trades with the guidance and supervision of a professional financial advisor to ensure informed decision-making and risk management

[@Lemariecooper]

That's true. I've been assisted by a financial advisor for almost a year now. I started with less than $200K, and I'm just $19,000 short of half a million in profit.

[@Lemariecooper]

Nicole Anastasia Plumlee is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up