Quote:
Originally Posted by wagstaffe
Most people’s pensions are not going to deliver the figures they would have expected when they first started saving – unless of course, you happen to work in the public sector.”
Sounds very much like an endowment policy to me. Promising the earth and delivering nothing
No one is promising any kind of change from the system that has put us in this mess in the first place. We could start with having a radical look at how we should be treating our pensioners. These people ought to be looking forward to their retirement and enjoying their twighlight years, not dreading it.
I propose that we should reign in the pension funds from the banks and look after the money in house, by the Government, or people we can actually trust.
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yeh let the government or someone ya can trust to look after the pensions money, like they did back in the mists of time, when millions were paying "Serps" i think it was called, payed it fer years, then vanished without trace, that was government looking after us.
there is nothing at all wrong with private pensions,if that particular field was properly regulated n overseen. i speak from experiance, well happy with mine. which proves beyond doubt to me, if run right they are fine.