Wednesday, Sep 22, 2010
Who will clear up this mess ??
Ftadviser: "Startling" UK pensions gap of £318bn per annum
Adults retiring in the next 50 years must put away on average £10,300 a year after mortgage costs and student loan repayments!
This is not going to happen unless there are some major changes or additional compulsory pension contributions.
Posted by khards @ 10:41 AM (395 views) Add Comment
2 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. Simon said...
Yep this is a bigger problem than public sector pensions .
Imagine what would happen to house prices if £10,300 was deducted from everyones salary to properly fund a state pension which would render meens tested benefits in old age unneccessary .
This is probably what should happen . Trouble is I don't trust the financial services industry to look after it .
Only once everyone is in the same boat ; public sector workers , MP's , private sector workers will the majority end up with decent pensions provision .
2. Crunchy said...
"Who will clear up this mess ??"
We demand a solution. lol