{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/61926927b481c700126c2eb2/6348840e4b2ce000123041f1?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The Great Pension Fund Panic of 2022","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/61926927b481c700126c2eb2/1644921937661-83296c998938c08efb7ab6e9aa94a8a1.jpeg?height=200","description":"<p>The market panic that followed Kwasi Kwarteng's&nbsp;mini&nbsp;budget last month has been blamed on pension funds doing something called LDI. But what is this strange practice, what is its&nbsp;purpose, and how has it led to a £65bn meltdown in the pensions market? Neil and Jonathan talk to pensions expert (and grand wizard of LDI) John Ralfe about the fallout and whether Neil, as a pensioner, should be worried.</p><p><br></p><p>Presented by Jonathan Ford and Neil Collins.</p><p>With John Ralfe.</p><p>Produced and edited by Nick Hilton for Podot.</p>","author_name":"Jonathan Ford and Neil Collins"}