Plenty to talk about in Rishi’s Reshuffle this week, little, if any, in a positive way, I’d say. Leaving aside the Old-Etonian Elephant in the room, it’s certainly true that the role of pensions minister has been still-further devalued. It’s seen as a junior stepping-stone to greater political glory and few have been in post long enough to make any sort of a difference. I guess most MP’s find the nitty gritty of pensions about as interesting as most of the rest of the population, we nerds aside. But the financial future of the various Gen Zs, Xs et al will rely on someone willing to get a grip, and take a long-term view of that actual nitty gritty. Some actual cross-party thinking is needed, as by its very nature, pension-planning is a long-term thing. Just like long-term care. So it’s dream-on time, alas.
“Advisers should not fear being replaced by AI”
Until I read this, I hadn’t worried that I or any of my ilk might be replaced by robots, or AI at least, which to many a mind is the same thing. I remember Hal the computer in 2001, and of course the Daleks, although I think they’d be more likely to exterminate than advise.
