If you’re with the same agency/payroll co. whilst switching workplaces wouldn’t you just have one pension ongoing?
Ask your agent.
Btw, i wish people would wise up to the fact that pension funds often invest your money in corporations that actively work against you. ie. You might be earning interest on your holdings but your buying power may offset that in the end.
Why not choose your own investments and put your money into things that you believe in?
SpicyTacho:
If you’re with the same agency/payroll co. whilst switching workplaces wouldn’t you just have one pension ongoing?
Ask your agent.Btw, i wish people would wise up to the fact that pension funds often invest your money in corporations that actively work against you. ie. You might be earning interest on your holdings but your buying power may offset that in the end.
Why not choose your own investments and put your money into things that you believe in?
You can chose your own investments if you have a sipp pension
I had what was supposed to be the best private pension scheme in the country. British Steel ( the proper one.) Index linked, best salary competed with the police, army, civil servants etc. Then Tata took it over and broke all their promises. No index linking and very little money from them to go in it. There is some Karma. I understand that the guy who did this to us, died shortly after in a car crash. No tears shed by us pensioners.
chooch:
I had what was supposed to be the best private pension scheme in the country. British Steel ( the proper one.) Index linked, best salary competed with the police, army, civil servants etc. Then Tata took it over and broke all their promises. No index linking and very little money from them to go in it. There is some Karma. I understand that the guy who did this to us, died shortly after in a car crash. No tears shed by us pensioners.
^^^^ that has been my concern for the last 30 years. It’s all good and well, to put as much away in a pension (or even savings), but there is no guarantee that that pension will be there when you retire, or that it survives till you die. I have always wondered how long it would be before the capitalist pyramid scheme inevitably collapses, and wether it would be in my lifetime. Now, I fear that it will actually happen in my lifetime. Even councils are now starting to go bust… The country won’t be long behind. Don’t forget we are in permanent debt, and are effectively robbing Peter to pay Paul… if the “lenders” stop lending us more tomorrow, we are bollixed.
I have my small work pension, if it’s there in 15 years it will help, if not, it doesn’t matter, because it will be pretty much every man for himself. The rest of my money, is used now, and I make sure I can fend for myself, if need be.
I suggest you do the same.
chooch:
Then Tata took it over and broke all their promises.
Agreements and…
Promises count for nothing these days. Big business, politicians and insurance companies just lie through their teeth now.
Integrity lies bleeding in the kebab shop doorway of life.
chooch:
I had what was supposed to be the best private pension scheme in the country. British Steel ( the proper one.) Index linked, best salary competed with the police, army, civil servants etc. Then Tata took it over and broke all their promises. No index linking and very little money from them to go in it. There is some Karma. I understand that the guy who did this to us, died shortly after in a car crash. No tears shed by us pensioners.
But then unfortunately it’s NOT the same as Police/army/civil servants etc etc.
“Public sector” pensions are extremely hard to better period!!!
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SpicyTacho:
If you’re with the same agency/payroll co. whilst switching workplaces wouldn’t you just have one pension ongoing?
Ask your agent.Btw, i wish people would wise up to the fact that pension funds often invest your money in corporations that actively work against you. ie. You might be earning interest on your holdings but your buying power may offset that in the end.
Why not choose your own investments and put your money into things that you believe in?
I dont think its a good idea for Mr Average to choose individual stocks.Too risky.Best leave it to the experts.Choose a well established company with a good record
Sploom:
I dont think its a good idea for Mr Average to choose individual stocks.Too risky.Best leave it to the experts.Choose a well established company with a good record
Like…
The Woodford Equity Income Fund?
yourhavingalarf:
Sploom:
I dont think its a good idea for Mr Average to choose individual stocks.Too risky.Best leave it to the experts.Choose a well established company with a good recordLike…
The Woodford Equity Income Fund?
How ironic that it was Stobarts destroyed that fund Managers reputation along with his SIZABLE investment fund!!!
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^^^ cost me a few quid,did that.
On the flip side…he made me a few quid,when he worked for invesco perpetual.
commonrail:
^^^ cost me a few quid,did that.
On the flip side…he made me a few quid,when he worked for invesco perpetual.
I reinvested in other funds when his was wound up and nicely “back in black” now!!!
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Take it you’re aware of the settlement scheme launch in September.
commonrail:
Take it you’re aware of the settlement scheme launch in September.
77p…
In the pound if your lucky.
Factor in the time frame, legal shenanigans that will be presented by both sides and you might get something back.
You might also have more success playing Pick-up-Sticks with your ■■■■ cheeks.
Mr Woodford will continue to live on in his gin palaces though.
Never expected anything back tbh.
So anything"north of"will be a bonus.
commonrail:
Never expected anything back tbh.
So anything"north of"will be a bonus.
Hope you…
Get it mate.
At the end of the day,it’s a losing bet…the only losing bet I’ve made in,over 15 years of investing BTW.
I liken it,to being £200 quid up,on a day at the races…and then,giving them £50 back on the last.
You can’t,win em all.
commonrail:
At the end of the day,it’s a losing bet…the only losing bet I’ve made in,over 15 years of investing BTW.
I liken it,to being £200 quid up,on a day at the races…and then,giving them £50 back on the last.You can’t,win em all.
Exactly the same with me!!!
He’s the only Fund Manager I’ve heard of across the UK has had his fund
“wound up” in 30yrs of investing.
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