Discover and read the best of Twitter Threads about #Pensions

Most recents (24)

#Biden backs strength of #banking system after collapse of #SVB, #SignatureBank | Mar 13
- When fed auths bailed out depositors in insolvent lenders SVB (NASDAQ:SIVB) and #SignatureBank on Monday,
Joe sought to reassure the public
richtv.io/?p=245301 Image
#Ukraine-#BanderasBox opened.
#RAND Co | Jan 25
- There is an urgent need for #resources to flow into the national econ, especially the #banking system. Only European countries bound by #EU and #NATO commitments will be able to provide them
#SVB #SignatureBank #BanderasBox.
#Rand Co | Jan 25
- The key objective is to #divide #EU by placing #UsefulIdiots in political positions in order to stop #Russian #energy supplies from reaching the continent
- The entire #EU #economy will #collapse
ImageImageImage
Read 38 tweets
🧵21 facts on how women's rights are being curtailed across the Globe.
1. #Train services in UK plan to remove guards and ticket officers - endangering women, especially disabled women.
2. A women is killed every 3 days in the UK, every 5 hours globally for women and girls.
3. In #familycourt women are silenced, their abuse is ignored via the weapon of control allegations of 'parental alienation' - resulting in stolen children. See our pinned tweet.
4. The 2022 mean GPG (the difference between men and women's average hourly pay) is 5.45% &the median is 9.71%. An hourly difference of £1.44. (Gov.UK)
5. Nurses - 89% are women, salaries have fallen by 20%, there is a mass exodus from the profession NHS Digital
Read 13 tweets
#BackTo60 #FullRestitution
1. 1st they came for #50sWomen as they:
💥initially added 5 yrs to our State Pension Age whilst deliberately not telling us
💥took no notice of the lifetime of inequality suffered by #50sWomen
💥or that their private pensions are a fraction of men's
⬇️
2.
💥& auto-enrolment discriminates against women
💥ignored their own pensions committee report that told them exactly those things
💥& the unpaid caring many women carry out
💥then accelerated the rise in SPA by several years
💥& added another year to the SPA for women & men
⬇️
3.
💥reneged on a promise to give women auto-credits that 9.8 million men had been given over 35 years
💥increased the qualifying years to 35
💥reduced widows' pensions especially for those on the New State Pension
💥raised the age at which a couple could get pension credit
⬇️
Read 17 tweets
[1/10] 🆘#BreakingNews:
Please #share 🔁 this video:


IF YOU ARE AN EMPLOYEE THIS CONCERNS YOU!
Calling employees from every company in the country to take action from the inside and challenge their #employers to do more in protecting the #environment
[2/10] Take action on six steps - Read more on detail:
linkedin.com/pulse/corporat…
[3/10] One - Awareness:
When you are aware of #climatechange negative impacts, you will also question if a project is detrimental to the #environment.
The challenge is to apply that personal awareness and thinking to the projects we are professionally responsible for.
Read 15 tweets
NEW: MPs have raised concerns with the Sec of State for Work and Pensions over an alleged 'lack of transparency' of the information it uses to inform policy.

More to follow
Stephen Timms, chair @CommonsWorkPen, wrote to Thérèse Coffey, to say a number of organisations & individuals had been in touch concerning further research and information that had not been published by her Dept, despite expectations or previous commitments to do so.

2/
In a six-page letter Timms set out examples of where there were concerns with the DWP and transparency.

committees.parliament.uk/publications/2…
Read 4 tweets
13 days until launch.

Picking up from where I left off yesterday.

There are a couple more stories that I wish to tell.

Before I regale my first experience in an electric vehicle.

1/14
So please bare with me.

These are all important parts of the Pangea jigsaw...

I studied Economics, Maths and Physics at A-level.

The Physics A-level syllabus in the late 90s was pretty dry.

2/14
But we were blessed with an amazing teacher.

Who would teach in tangents.

His stories, insights, and anecdotes were incredibly rich in context and variety.

3/14
Read 14 tweets
14 days until launch.

Let's go back to the beginning, the very beginning.

Where did the inspiration for Pangea start?

While at a school desk in a Hong Kong classroom in early 1991.

The first Gulf War created a number of concerning headlines in Asia.

1/6 Image
Most shocking of which to my 8 year old self...

...when Iraqi troops started dumping oil into the Persian Gulf to stop a US coalition-led water landing on their shores.

Approximately 4 million barrels of oil.

2/6
Creating an oil slick of 4,000 square miles up to five inches thick.

My short protest poem was printed in our school magazine that year.

I can still see the images of birds stuck in the oil slick and the beaches stained black.

3/6
Read 6 tweets
Who is being let down by current #pensions policy?
⚡low paid
⚡self employed
#men & #women in their 40s
⚡Part time workers below £10k threshold for autoenrolment
⚡carers
⚡mothers not claiming child benefit
#PMQs
#50sWomen recognise the shortcomings!
#FullRestitution ImageImageImageImage
Strange isn't it (or maybe not!) how many of the groups let down by #pensions policy contain significantly large numbers of #women?
Younger #women would do well to support #50sWomen, who have seen all these failings coming & are fighting on YOUR BEHALF to force Govt action!
Not least of which would be to carry out a proper #gendersensitive #impactassessment on any future changes in #pensions policy or implementation, which was denied to #50sWomen, & to begin to consider the ratified #CEDAW convention in any proposals
#WaspiFullRestitutionNow ImageImageImageImage
Read 4 tweets
7. Since I wrote 🧵⬆️ Oct 2020:
💥Disability-free life expectancy has gone into reverse, especially for #women, now 62 yrs
💥 Life expectancy flatlined since 2010
💥Supreme Court rejected #BackTo60 judicial review appeal as "out of time" #WednesburyUnreasonableness?
⬇️ cont
8.
💥#triplelock suspended contrary to manifesto promise, further devaluing #StatePension FOREVER
💥just as many asset-stripped #50sWomen finally reach or near twice-delayed retirement
💥220k #50sWomen will have died by end 2022
9.
💥 #EDM2296 supported by 225 MPs across parties was timed out by the illegal? prorogation of Parliament
💥 @UKLabour put 58bn on the table to resolve the #50sWomen issue but weren't elected
💥 @PHSOmbudsman is carrying out a much delayed & many would argue flawed investigation
Read 8 tweets
@threadreaderapp 7. Since I wrote 🧵⬆️ Oct 2020:
💥Disability-free life expectancy has gone into reverse, especially for #women, now 62 yrs
💥 Life expectancy flatlined since 2010
💥Supreme Court rejected #BackTo60 judicial review appeal as "out of time" #WednesburyUnreasonableness?
⬇️ cont
8.
💥#triplelock suspended contrary to manifesto promise, further devaluing #StatePension FOREVER
💥just as many asset-stripped #50sWomen finally reach or near twice-delayed retirement
💥220k #50sWomen will have died by end 2022
9.
💥 #EDM2296 supported by 225 MPs across parties was timed out by the illegal? prorogation of Parliament
💥 @UKLabour put 58bn on the table to resolve the #50sWomen issue but weren't elected
💥 @PHSOmbudsman is carrying out a much delayed & many would argue flawed investigation
Read 7 tweets
*How #SriLanka got ruined*

Lankans voted for #Rajapakshas knowing very well what they did in the past, including corruption, selling out national assets to #China, #dynastic politics and all.

They still voted for them because Rajapakshas promised things they could not refuse.
1. Their #GST, called VAT Tax, on all products was reduced to 8%, thus making everything cheaper in one stroke. (It also killed the govt revenue). People loved things getting cheaper.
2. The minimum #incometax threshold was changed from 5 Lakhs per annum to 30 Lakhs! Very few earned more than 30L!
A very large part of the population became #tax exempt. This was very popular among the salaried class.
Read 22 tweets
BREAKING: 68 universities in the UK face a further 5 days of strike action this month over #pension cuts and pay.
Staff at the 68 universities this week finished taking up to 10 days of strike action.

UCU, the union, said further strike action was called after employers "forced through pension cuts and refused to negotiate meaningfully over pay and working conditions.
UCU, the union, says preparations are also underway for for a marking and assessment boycott

All universities across the UK to be reballoted for potential action next term, the union added.
Read 17 tweets
BREAKING: The UK High Court has over-turned a decision to deny legal action by academics against the #USS pension scheme over the handling of the controverisal #2020 valuation. #UCU #USS #UUK

Details follow.
The UK High Court set aside a previous court order and allowed a claim by 2 academics who are pursuing legal action against the #USS directors, as well as against the scheme’s chief executive, Bill Galvin, over the 'flawed' 2020 valuation.
Neil Davies of Bristol University and Ewan McGaughey, of KCL, argued USS directors acted in breach of their duties in conducting “a flawed valuation and predicting a so-called ‘deficit’ as well as proposed cuts that will disproportionately impact women, minorities & young people.
Read 10 tweets
Looking forward to what should be a very timely discussion on the IFS's latest research geographic inequalities in labour market outcomes & how this may present challenges for the Govt's #LevellingUp agenda #IFSEvents
First @PJTheEconomist and the @NuffieldFound's @markfranks give a brief overview of the IFS #DeatonReview into inequalities, and why the Nuffield Foundation gave the review its financial support #IFSEvents
Franks recognises that #LevellingUp will only be delivered if we focus on multiple factors of #inequalities - age, gender, education, public services, jobs - not just place #IFSEvents
Read 35 tweets
I felt terribly sick on Saturday. Sore throat, flu symptoms, heavy head. My rapid test is negative. All my friends have #COVID19. Literally everyone. 349 cases in my kids school last week.Overcrowded and zero #ventilation. Sick teachers & sick kids. @ScholaEuropaea @JHahnEU
1/
On Sunday the Far right of 🇪🇺 comes to Brussels to create appalling chaos. The unspeakable violence...the politicians scape goating others... It's a lawless crowd & they don't hear our prayers. 2/
Belgian 🇧🇪Twitter Pandemic experts fight over CST: vaccine obligations. Yeah, in this first world, this is the drama. My right to not wear a face covering or take a vaccine. Not about the health consequences of the children & vulnerable. 😥 3/
Read 21 tweets
1. 🧵from Women's Budget Group re Autumn Budget 2021

#COP26
#COP26Glasgow
#Pensions
#HappyHalloween2021

👇👇👇
wbg.org.uk/analysis/autum…
2. Public expenditure on State Pensions in the UK is among the lowest in the OECD; this reflects the fact that the main state pension for current pensioners is nearly £40 per week less than the government’s own poverty threshold (the means-tested minimum guarantee Pension Credit)
3. The new Single Tier Pension is just above the single rate of Pension Credit but due to transitional rules, it will be decades before women generally receive as much state pension as men.

#COP26
#StatePension
#50sWomen
Read 22 tweets
Oct 18 2021: "More than 100 meetings have been organised between investors & ministers...Those attending include former Microsoft boss Bill #Gates...Other attendees include #BlackRock boss Larry Fink...execs are also coming from multinationals such as #Amazon, Heinz & Disney."
"The [#NetZero Banking] Alliance was launched by 43 Founding Members on 21 April 2021 & has since grown to represent a quarter of global banking assets."

"Industry-led, UN-convened"

#UN/#WEF: de facto clearing house for ruling class objectives. #COP26

unepfi.org/net-zero-banki…
#Netzero Banking Alliance was co-launched by the Financial Services Taskforce of the Prince of Wales’ Sustainable Markets Initiative. #SMI

#GreatReset: The global consolidation of power & capital - happening in real time.

sustainable-markets.org

Read 4 tweets
What key 8 difference between permissioned #blockchain #setcoin & public blockchain #bitcoin?
Check the thread 🧵 👇

#investing #Finance #finanstwitter #cryptotrading #cryptocurrencies #cryptocurrency #cryptoart #defi #altcoin #CryptoNews #ethereum #Dodgers Image
1. #ESG Compatible with limited energy usage to deploy and run ledgers and nodes.
2. #Scalability: much faster validation, and transaction execution;
3. Generating income from real sector #assets;
Next 👇

#fintech #banking #cbdc #CryptoTownEU #DigitalCurrency #NFTgaming
4. Advanced #identity system for #digital #assets owners #validation;
5. Facilitating #green & #cycling economy transition
6. Diversification between income of green buildings, #renewables, #smartcities, #agtech, vertical farming, technology sector private equity assets
Next 👇
Read 10 tweets
"Co-hosted by Richard Curtis & Mark #Carney – & featuring senior leaders from the financial world – the summit discussed how the $50 trillion invested by #pension funds globally can help tackle the #climate #emergency."

#COP26 #SavingCapitalism

"...with 47 trillion dollars in #pension funds globally this sector plays a major role we need to get our savings for the future shaping the future."



#TheyMeanBusiness #EmergingMarkets #COP26
If recent history serves as a barometer for public embrace of corporate "solutions" (marketed via #storytelling & #NGOs), it is not difficult to envision whole societies soon demanding their #pensions be "unlocked" by those attempting to save the faltering #capitalist system.
Read 4 tweets
#Pensions #Cyprus Thread:

1/5 Χρειαζόμαστε άμεσα την Ανεξάρτητη Ενιαία Εποπτική Αρχή Ασφαλίσεων των Επαγγελματικών Συντάξεων που ανακοίνωσε η κυβέρνηση 👇 πριν 2 χρόνια και φαίνεται να κόλλησε στη Βουλή. @dradamosadamou

2/5 Βλέπουμε παράξενα πράγματα:

- 19% του ενεργητικού του ταμείου ETYK σε 1 μετοχή (stockwatch.com.cy/el/article/tra…).

- Και «τίτλους» (προ ημερών) ότι διπλασιάστηκε η αξία του ταμείου πρόσφατα, με πιθανή εξήγηση την….διασπορά επενδύσεων του ταμείου (!).
3/5 Αυτή η επένδυση υπερέβαινε το 5% που προβλέπει ο νόμος.

stockwatch.com.cy/el/article/tra…
Read 5 tweets
Chinese people love #savings. This mentality in itself is by no means wrong. Savings have been important in sustaining Chinese households during covid. But the problem lies in the form of savings, says Ren Chunsheng, Chairman of China Insurance Investment Co., Ltd. 1/6
Most of the savings in China are placed with #banks, but banks’ main function is to extend #credits; only a small portion goes into equity #investments. 2/6
It would be desirable to turn part of the 90 trillion yuan of household savings in China into long-term funds through investments in third-pillar #pensions. 3/6
Read 6 tweets
Sept 18, 2020, #WWF, Too Big To Fail:

"Very soon #pensions worth trillions of dollars could become the frontline of sustainable investing."

#GreatReset #ImpactInvesting #SDGs #GlobalSouth #SouthAsia #TCFD #EmergingMarkets

"... the greatest commercial opportunity of our time." — Mark Carney

The ecologic crises will not be solved in the same economic system that created it. The planet will not be saved by those that have destroyed it.

#CorporateCoupOfTheCommons Image
Another quote from the film:

"Over the next decade, approx. 95 trillion dollars is needed for infrastructure."

+#Pensions+

Feb 3, 2019: The Manufacturing of Greta Thunberg – for Consent: The House is On Fire! & the 100 Trillion Dollar Rescue [ACT IV]

theartofannihilation.com/the-manufactur…
Read 5 tweets
10 measures proposed by Zhang Xiaohui, former assistant governor of the #PBC, to promote the #dualcirculation in financial services: mp.weixin.qq.com/s/tErN3tDdScZR…
1. Properly position the financial sector against the new backdrop featuring “dual circulation”. China’s financial system needs to step up a new wave of upgrade and reform. It should give direct #financing a bigger play based on technological innovations.
2. Financial supply-side structural reform shall continue to play a core role. China needs to improve twin-pillar regulatory framework (monetary&macroprudential policies) and make monetary policies more flexible; develop multi-tier capital market; boost #RMB internationalization.
Read 7 tweets
The #deficit #myth #deficitmyth by @StephanieKelton #MMT modern monetary theory
Myth N. 1: The #state should budget like a #household
#RealityCheck : unlike a household, a #SovereignNation, which owns its national #centralbank, issues the #currency it spends
Myth N. 2: #deficit is evidence of #overspending
#RealityCheck: look to #inflation for evidence of over spending
The purpose of #taxes is not to pay for #government expenditures but to help rebalancing the #wealth distribution #MMT
Read 56 tweets

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