Your Pension Under Attack | What's Really Happening
About this lesson
Labour has just given itself a reserve power over workplace pensions - and most savers have no idea. In this video I break down the Pension Schemes Act 2026, the new “backstop” on default fund allocations, and why the Mansion House Accord matters for UK retirement savings. We’ll look at what the law actually says, the risks around private equity and private credit, and 3 practical steps you can take to take back control of your pension today Timestamps: 0:00 Labour's pension tax grab 0:36 What the act does 2:16 How we got here 4:33 Is this really a pension tax raid? 6:18 What assets are in scope? 7:53 3 actions you can take right now Disclaimers & Disclosures: This content is provided for educational and entertainment purposes only. Dean Edward does not offer investment, financial, or tax advice. The information presented in this video is general in nature and does not take into account the investment objectives, risk tolerance, or financial circumstances of any specific individual. It may not be suitable for all viewers or investors. When investing, your capital is at risk & you may get back less than invested. Past performance doesn’t guarantee future results. This video is not intended to express political opinions or show preference toward any political party. While Dean Edward strives to ensure the accuracy of the information shared, no guarantees are made regarding its completeness or correctness.
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