Why Low Oil Prices Could Be Bad For You

The recent oil rout has been championed as good news for the UK economy, but if you care about your retirement you may learn to feel differently. Despite the Bank of England's deputy governor insisting that the fall in oil prices has been a "net good" for the UK economy, there's a chance your pension pot has felt some pain. That could result in a lower retirement income or having to retire at an older age than you hoped.