Wheres my pension gone?

Axis64 · 25 Jan 2007 at 21:14

Anyone wantching this?

Man it is going to be busy at work tomorrow(I work for a pension company), good job i have the day off hehe.

Any one have any views on this?

Axis64 · 25 Jan 2007 at 22:10

$loth said:
It's just plain robbery. You give them money, they don't give it back.

Certainly made me not want to join a company pension scheme, more like put it away myself in a savings account etc.

I cant blame you mate, although not all pensions are like it i deal with hundreds a day and they are all fine.

Axis64 · 25 Jan 2007 at 22:24

The biggest problem it that people just cant afford to put shed loads of cash in there and the funds that they invest in are not that good. Even though i work in pensions i dont want one, although i have one, but i would much rather put the money somewhere i am going to get a good return, the only problem is where do you go to get a good return once the money goes in to your pension you are stuck till you are aged at least 50!

Axis64 · 25 Jan 2007 at 22:45

Hades said:
With heart disease on my mums side and cancer on my dads I won't need a pension Although I do have a reasonable non contributory final salary scheme (they tried to take it away but got sued and either backed down or lost - the contract of employment was on our side).

No i am depressed