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When I’m 84
Last Updated: September 30, 2025
Rising life expectancy, decreasing home ownership, unfunded government spending, lower investment returns and inadequate private saving are making it less and less likely that younger generations will retire when their parents did.
What’s behind the savings shortfall?
Last Updated: September 30, 2025
Our latest article in the Too Poor To Retire series explains what’s making younger generations less well off than their parents
The savings shortfall
Last Updated: September 30, 2025
Numerous studies have predicted a large retirement ‘savings gap’ — the shortfall in current or projected pension provisioning from a benchmark level of retirement income. The figure of 70% of pre-retirement income has become the heuristic benchmark, often termed a 70% ‘replacement rate’. Though sometimes criticised for arbitrariness, it is actually supported by the economic and social science literature since the 1960s (Modigliani 1966).
Why millennials matter
Last Updated: September 30, 2025
Expectations from the dotcom boom 20 years ago have come to fruition in disrupted business models and a reshaped society.
Why US government bond yields are scaring some investors
Last Updated: September 30, 2025
The yield curve is all the rage in the financial press, with more people searching for it on Google than at any time since 2005, which was the last time it inverted. But what is the yield curve? What does it mean for it to invert? And why should we care?
Will the UK fall into a recession?
Last Updated: September 30, 2025
Will focuses on the current turbulence in markets with a particular emphasis on Trump's protectionism policies. Take this opportunity to hear how the strategies are positioned as developments unfold
Review of the week: Cleaning Overton’s Window
Last Updated: September 30, 2025
You could hear the crack of the starting gun echoing around the markets last week: the race for the 2020 Democratic presidential candidacy is on and American equities dipped noticeably. And the leading message from those leading the Democratic pack is that capitalism itself is broken and needs radical reform.
Review of the week: The hunt for the Holy Grail
Last Updated: September 30, 2025
“It’s just a flesh wound.”
Review of the week: Gridlock
Last Updated: September 30, 2025
A logjam in the streets and another in Parliament. Our chief investment officer, Julian Chillingworth, ponders a hectic week ahead.
Review of the week: The unconquerable bull
Last Updated: September 30, 2025
Global equities shrugged off some bad news to post remarkable gains in the first quarter. Julian Chillingworth, our chief investment officer, thinks it’s time to shuffle toward the exit – but not too fast.
What we could be talking about …
Last Updated: September 30, 2025
It’s hard to see anything beyond Brexit in the UK’s future, but UK Opportunities fund manager Alexandra Jackson has been noting a real resurgence in the fortunes of British households. If only they felt confident enough to start spending.
Review of the week: Schism
Last Updated: September 30, 2025
The Conservative Party has politicked itself into a terrible bind, explains Julian Chillingworth, our chief investment officer. The consequences for the country could be momentous