Benefits shake-up 'will aid savers'
Filed under: Retirement
Working benefits claimants will have more cash in their pockets if they save towards their retirement after a reform of the welfare system, it has been claimed.Filed under: Retirement
Working benefits claimants will have more cash in their pockets if they save towards their retirement after a reform of the welfare system, it has been claimed.
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this is a strange one because i would be very interested to see how many of these auto opt in pension schemes are in fact opted out of with peoples living standards under ever increasing strain what ever funding they can put there hands on will tend to be accessed in that they may well choose to opt out it's early days but watch this space.
March 12 2013 at 12:01 PM Report abuse Permalink rate up rate down ReplyNow we're giving people in work and on Universal Credit extra help to save for their retirement."
It is also a way of forcing us to invest in the markets, which with less money in your hand, then less money spent in the economy, end result, pensions dive.
govenment wants us all to pay pension, but they MUST STOP DIPPING THEIR GREEDY FINGERS INTO THEM. the govenment has been taking tens of millions of pounds out of the mineworkers pension over the past few years while retired miners get paid pittence. we have tried to stop this happening but since british coal there are more of them and us sitting on the pensions board there is little we can do. is this why they forcing us so they can steal more of our money
February 19 2013 at 10:30 PM Report abuse Permalink +1 rate up rate down Replybetter off sticking your money under a mattress.
February 19 2013 at 2:20 PM Report abuse Permalink +1 rate up rate down ReplyOh yes, work pensions. I have been saving into 2 of them for the past 20 years with amounts, when I got paid very little, of as much as £5 per month up to £149 per month when doing much better and when I bought my flat for £29K (those days are well gone now) and at times one employer matched my investment, which was awesome. Everything looked rosey and I thought my pension might actually be something worth good when I retired.
Then came the financial market crash and I watch my pension that I thought looked quite healthly go down and down and down and down. So now if it's worth only £3500.
So what is that going to buy me? All this time, I would have been better saving my money in PEP's and TESSA's while they were around, then sticking my money into ISA's or even a non interest bearing account. I could even have bought thousands of lottery tickets and would probably have been better off.
Or bought gold jewellery. Stuffed my pillow and might have not had such a sore shoulder in the morning.
What do you think?
Muffins, cakes, doughnuts, alcohol and girls? Gotten fat and died young stuck in my flat when they would have to have removed my windows and wall to have me removed by a cherry picker and a crane. That would have been cool. LOL
Is he absolutely bonkers?
50p a week if you are lucky but I seriously doubt it will be even that much - rather the opposite by many. many pounds..
You know what? I think he is.
Has he had his rabies check lately?
opt out of this pension scam first chance you get
February 14 2013 at 2:11 PM Report abuse Permalink +1 rate up rate down ReplyWhen is this government going to stop taking off the vunerable and the pensioners we have had enough so CONSERVATIVE PARTY do not bank on getting back in to 10 Downing Street again enough is enough. I only hope all pensioners make it their priority to vote at the next election and show this party they mean business.
February 14 2013 at 1:54 PM Report abuse Permalink +7 rate up rate down ReplySave your own money under your mattress! Thats only safest place it seems! If you have any, sadly I dont!!!
I would not trust paying into works pension ,my husband paid into his but he died before he was 60 so nothing was ever paid out!
what about the slaves who get nowt ???????????????
February 14 2013 at 11:02 AM Report abuse Permalink +4 rate up rate down Reply
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