{"id":13586,"date":"2016-05-19T06:01:18","date_gmt":"2016-05-18T23:01:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-englands-chief-economist-calls-for-more-simple-pension-system\/"},"modified":"2016-05-19T06:08:03","modified_gmt":"2016-05-18T23:08:03","slug":"bank-of-englands-chief-economist-calls-for-more-simple-pension-system","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-englands-chief-economist-calls-for-more-simple-pension-system\/","title":{"rendered":"Bank of England's chief economist calls for more simple pension system"},"content":{"rendered":"


\nAndrew Haldane says workers have little chance of making sense of funds when financial experts \u2018have no clue either\u2019Over-complex pensions are harming the UK economy and reinforcing mistrust of the financial sector, the Bank of England\u2019s chief economist has warned, as he admitted even he was unable to make the \u201cremotest sense\u201d of them.Andrew Haldane said ordinary workers had no chance of making informed decisions for their retirement funds when experts and financial advisers \u201chave no clue either\u201d. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Bank of England’s chief economist calls for more simple pension system<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Andrew Haldane says workers have little chance of making sense of funds when financial experts...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-13586","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3x8","jetpack-related-posts":[{"id":24330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-a-better-bet-than-pensions-says-bank-of-england-chief-economist\/","url_meta":{"origin":13586,"position":0},"title":"'Property a better bet than pensions', says Bank of England chief economist","date":"August 29, 2016","format":false,"excerpt":"\r Property is a better option for funding retirement than a pension-, the Bank of England's chief economist has claimed.Andy Haldane made the comment despite having a gold-plated guaranteed pension which will pay him nearly \u00a384,000...\r \r Source : nzherald.co.nz\/Property\r Read more...'Property a better bet than pensions', says Bank of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-is-better-bet-than-a-pension-says-bank-of-england-economist\/","url_meta":{"origin":13586,"position":1},"title":"'Property is better bet' than a pension says Bank of England economist","date":"August 28, 2016","format":false,"excerpt":"\r Chief economist Andy Haldane says pensions are too complicated and property is better due to continuously rising pricesProperty is a better investment for retirement than a pension, according to the Bank of England\u2019s chief economist, Andy Haldane.Haldane owns two homes \u2013 one in Surrey and a holiday home on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13640,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-are-uk-pensions-so-complicated\/","url_meta":{"origin":13586,"position":2},"title":"Why are UK pensions so complicated?","date":"May 19, 2016","format":false,"excerpt":"\r Frequent rule changes and a huge range of schemes have made pensions a minefieldThe Bank of England\u2019s chief economist Andy Haldane has warned that the UK pension system is too complicated, admitting that even he finds it confusing.\u201cI consider myself moderately financially literate,\u201d he said. \u201cYet I confess to\u2026","rel":"","context":"In "Property 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chief economist","date":"July 15, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...'Take a sledgehammer' to Brexit risks with new stimulus, says Bank of England's chief economist","rel":"","context":"In "Property 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