A conspiracy that could wreck our pensions

The US Federal Reserve's latest rumoured wheeze to prop up America's faltering economy will deal a hard blow to anyone saving for a pension or about to retire. Bengt Saelensminde explains how 'Operation Twist' could affect you.

If you're saving for your retirement, or you're sitting on the sidelines ready to buy an annuity, then you need to take note of today's issue.

There's a stealth attack on and I think it's going to be very bad news for many pension funds.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.