Ruston Smith's Avatar

Ruston Smith

@rustonasmith.bsky.social

Passionate about helping people in need and to save for today and tomorrow. Simple Yorkshire lad that loves sport and being outdoors, mainly in water.

104 Followers  |  61 Following  |  24 Posts  |  Joined: 16.11.2024  |  1.9984

Latest posts by rustonasmith.bsky.social on Bluesky

Agreed. It was good to meet members of the Commission this morning and to hear more about the scope. Good choice of chair and members of the Commission. Looking forward to a much needed strategic plan with timelines

21.07.2025 13:41 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Government revives landmark Pensions Commission to confront retirement crisis that risks tomorrow’s pensioners being poorer than today’s Millions of people could benefit from a more secure retirement as the Government today [Monday 21 July 2025] revives the landmark Pensions Commission to examine why tomorrow’s pensioners are on track ...

We cannot allow tomorrow’s retirees to be poorer than today’s - which is what we are on track for. So we are reviving the Pensions Commission to set Britain on a different course www.gov.uk/government/n...

21.07.2025 10:35 β€” πŸ‘ 100    πŸ” 34    πŸ’¬ 35    πŸ“Œ 3
Preview
Let young people buy houses with their pensions to avoid a retirement crisis Labour has a unique opportunity to tackle an issue neglected for too long

My thoughts for the Telegraph today on why we need to do more to help younger people not end up as renters in retirement- including looking at controversial ideas such as early access to pension pots for deposits… www.telegraph.co.uk/money/proper...

19.07.2025 17:24 β€” πŸ‘ 5    πŸ” 2    πŸ’¬ 0    πŸ“Œ 2

Great article by Sir Steve. We should consider the learnings from international savings models that like the US, South Africa, Singapore, New Zealand and Australia support everyday people on lifetime savings up to and in retirement. Great opportunity to create a sustainable system for the future

19.07.2025 19:37 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0
Post image

Great to meet the Nelson Trust's team in Swansea, to hear how they support women in our city and beyond.

The support on offer isn't one-size-fits all, but anyone in need can expect a welcoming safe space with a washing machine and showers, and a passionate team that go the extra mile to help.

11.07.2025 09:48 β€” πŸ‘ 9    πŸ” 3    πŸ’¬ 1    πŸ“Œ 0
Preview
Could early access to pensions be a path onto the property ladder? At the end of March, Financial Conduct Authority (FCA) chief executive Nikhil Rathi mooted the idea of using pension savings to help individuals get on the housing ladder as a potentially radical poli...

www.professionalpensions.com/feature/4516...

10.07.2025 19:54 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

If you’re right Steve this would be a further (indirect) increase in NI for employers as well as employees and could influence employers to reduce pension contribution rates to the statutory minimum - reducing long term retirement savings.

27.05.2025 18:08 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Preview
Understanding the attitudes and behaviours of employers towards salary sacrifice for pensions

For those who are interested in such things, a surprising piece of research by HMRC published today, testing the attitudes of employers to 'hypothetical' cuts in 'salary sacrifice' for pensions. Feels like this just went up the agenda for Autumn Budget cuts! www.gov.uk/government/p...

27.05.2025 12:17 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 2    πŸ“Œ 0
Preview
Post match analysis of PMI Conference with Bobby Riddaway It’s good to see Bobby still smiling after Liverpool went down to Dan Burn and his fellow Geordies yesterday. REMINDER 🟣 Pension PlayPen PMI Conference 2025 πŸ”΅ Post Match Analysis – key …

Post match analysis of PMI Conference with Bobby Riddaway henrytapper.com/2025/03/17/p... It’s good to see Bobby still smiling after Liverpool went down to Dan Burn and his fellow Geordies yesterday.

17.03.2025 15:45 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Looks lovely. PB water ski-ing this week but not running I’m afraid - too slow!

15.03.2025 12:49 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
VFM Pensions #108: Every little helps - Ruston Smith In this episode of V-FM Pensions, hosts Nico and Darren talk to Ruston Smith. Ruston was formerly Director of Pensions at Tesco and now holds several non-exec roles at pension funds, asset managers, p...

Latest episode of V-FM pensions has just landed with the one and only @rustonasmith.bsky.social. Take a listen: www.podbean.com/eas/pb-uutiu.... Great chat!

15.03.2025 07:10 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 1

It was a real pleasure to talk to Darren and Nico about a wide range of issues. Thank you for inviting me on your show

15.03.2025 07:18 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Means testing the State Pension would also create a disincentive to remain in AE and to save for retirement

17.01.2025 15:32 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Agreed. Need to provide certainty on State Pension entitlement so that it’s the foundation upon which people can build and plan. Means testing would be like putting quick sand right across retirement benefits. Need to support people - not make life even more complicated and uncertain

17.01.2025 15:31 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Many congratulations! We’re looking forward to supporting and working with you Torsten. Lots of opportunity!

15.01.2025 16:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I totally agree Steve. @torstenbell.skyb.social experience and understanding of our society and its challenges from the Resolution Foundation will be really helpful in building on the work by Emma Reynolds. A clear vision and plan is critical so we can move forwards.

15.01.2025 12:11 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Excellent compilation from Uncle Steve that I’m sure will have helped thousands of people. Well done to Sir Steve and This is Money. Next step could be an online book of FAQs to help those in need!!

28.12.2024 11:08 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Six of the most important pension questions of 2024: STEVE WEBB Our popular agony uncle Steve Webb has now celebrated the publication of his 400th pension column. Read some of his best columns of 2024...

The nice people at This is Money have kindly compiled a β€˜greatest hits’ of my columns answering readers’ pensions questions during 2024 - see what you think! www.thisismoney.co.uk/money/pensio...

27.12.2024 16:50 β€” πŸ‘ 9    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

The best, Ian

24.12.2024 16:21 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I agree that the industry could take the lead and we do need to think more broadly than pensions, Andrew. There are areas we could improve, the Lifetime Savings Initiative is an example, but we’ll require a few regulatory changes. @jamesbarham1963.bsky.social @stevewebb1.bsky.social

15.12.2024 12:30 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Agreed. Had the opportunity to agree a lot term plan to get us to where we need to be - providing confidence, visibility and time to plan

14.12.2024 15:51 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
Preview
Rachel Reeves puts pensions review on hold to avoid extra burden on UK business Some experts argue current savings rates will leave people without adequate retirement pots

www.ft.com/content/d102... - 2nd pension review sorting out inadequate pension contributions kicked into long grass - an inevitable consequence of the Budget NI employer contribution hike.

14.12.2024 11:48 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 1

A real opportunity missed to consult on and announce necessary contribution increases and to agree fair and sensible future dates of implementation - allowing employers to plan - with no surprises

14.12.2024 15:49 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 1
This title if the comic is β€˜Googling Stuff…’
The comic shows two columns: on the left is β€œThen” showing search results with one thing listed as β€œthe thing you want”

On the right column is β€˜Now’ - also showing search results but in this case it’s a whole bunch of stuff you don’t need:

AI TAKING A WILD STAB AT IT WITH SOME
BLATANT MISINFORMATION

SPONSORED RESULT

SPONSORED RESULT

SPONSORED RESULT

SPONSORED RESULT

PEOPLE ALSO ASK

VIEW PRODUCTS

And then right at the bottom just off screen is β€˜the thing you want’

This title if the comic is β€˜Googling Stuff…’ The comic shows two columns: on the left is β€œThen” showing search results with one thing listed as β€œthe thing you want” On the right column is β€˜Now’ - also showing search results but in this case it’s a whole bunch of stuff you don’t need: AI TAKING A WILD STAB AT IT WITH SOME BLATANT MISINFORMATION SPONSORED RESULT SPONSORED RESULT SPONSORED RESULT SPONSORED RESULT PEOPLE ALSO ASK VIEW PRODUCTS And then right at the bottom just off screen is β€˜the thing you want’

Googling Stuff: Then v Now.

11.12.2024 17:15 β€” πŸ‘ 15634    πŸ” 5896    πŸ’¬ 221    πŸ“Œ 387

@stephawthorne.bsky.social

03.12.2024 15:47 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

This is also supported by the extensive research and conclusion of the Lifetime Savings Initiative, Stephanie - done by the PMI, Schroders and its partners.

03.12.2024 15:46 β€” πŸ‘ 3    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Welcome. I’m one of those Paul. Been supporting #LUFC since before Billy Bremner captained Leeds - and I do pensions and asset management stuff

26.11.2024 23:00 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 3    πŸ“Œ 0

Thank you Mike. Good to be here.

23.11.2024 08:01 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Schroders and PMI Lifetime Savings Initiative - The Pensions Management Institute Schroders and PMI Lifetime Savings Initiative - The Pensions Management Institute is the largest and most recognisable professional body in the UK for pensions professionals, supporting over 6,500 mem...

A new government doing a 'pensions review' should be able to look holistically not just at saving for a pension, but saving for a house and saving for life's emergencies. Maybe even a single product / system? As discussed here by @rustonasmith.bsky.social www.pensions-pmi.org.uk/resources/pm...

20.11.2024 13:00 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 1    πŸ“Œ 1

Do follow @hendopolis.bsky.social and his colleagues who voluntarily post the next day’s papers - let’s encourage them to do it here!

16.11.2024 20:29 β€” πŸ‘ 35    πŸ” 8    πŸ’¬ 1    πŸ“Œ 0

@rustonasmith is following 18 prominent accounts