http://www.bbc.co.uk/news/business-20989050 In brief - start sorting out your own private pensions now because this is the start of the state pension being worth feck all. If this is going to be as "fair" as the recent revisions to the child tax credits then expect the usual list of winners and losers in the Daily Fail. Any Not 606'ers got any info on secondary pension plans or long term investments? I'm tied into what was going to be a decent local government pension but this will be ruined as soon as Cameron gets a majority in the next election so I might have to start looking at supplementary schemes. Is it worth putting money into a pension with the interest rates so low? A few blokes at work have started putting money into premium bonds because of the poor return on normal accounts, they reckon with a few thousand invested you get regular small wins which are slightly better than current savings returns. Anyone else done this?
I have a final salary pension... been in it for 10 years - though, can't see me staying in this job for another 30 years! I have 3 Stakeholder pension schemes at 50 quid a month each - invested 1) UK funds 2) "Safe" Worldwide funds 3) Risky Asian funds Also have 3 ISAs - 2 at limit, 1 for excess. I may invest these in the future - maybe in some Bonds. I'll still be eating dogfood when I'm 70!!
I sell crack at the gates of several primary schools and reckon I shall be able to retire more than comfortably with no finacial concerns
Mob rule will in place in 20 years, i am building an armored lorry with machine gun turrets Mad Max style so i can fight for the last drops of fuel.
I've had a £43 a month pensions since I started working at 16. Won't be worth a **** by retirement age.
Open a betfair account and find yourself some nice accommodating jockeys and other assorted sports stars who are willing to accept bribes to throw races or matches.
Marry a burd in the army, get one of them Afghans who pose as friendly types to kill her and get a war widowers pension.
this is very true, the astute amongst us have started to invest in property which occupies defensible high ground and affords the opportunity to set up a crossfire killing zone. With coastal views and easy access to local amenities.
As I was not working for a couple of years I got a letter from HM Revenue inviting me to keep up my NI contributions for the year by bunging them £300 which I did. With this new flat-rate pension does it make a difference whether you've paid none, some or a lot of NI? My advice for investments would be to stick your money in a balanced portfolio of FTSE 100 companies that pay decent divdends, you can get up to 6% return in dividends plus your original investment goes up with inflation long term*. *Subject to not going bust.
0p is a record low. I'd suggest you only invest in companies that won't be destroyed by eBay and Amazon.
HMV ****ed themselves up. They had the resource and the business to get into online sales right at the start. They waited until Amazon had already sewn that up before moving into it. Morons.
Most companies have cocked up big time by being too slow to get onto the net. The online market would've been much more competitive if Virgin, HMV and and co got on the bandwagon fast enough.
They announced this morning that they wouldn't take any gift vouchers(in Ireland) not sure about UK but that will leave a lot of unhappy people with useless Christmas presents!
