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Guest sillybear2

Dude, Where's My Pension?

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Guest sillybear2

The penny is dropping now, all those huge numbers actually mean something, your pension destroyed, higher taxes, less public services.

~0% interest rates and nationalised banks = destroyed pensions! Final salary schemes for existing members will be closed.

Edited by sillybear2

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I reckon the sales of pinstripe will fall off a cliff as all the city boys opt for mufti- soon they'll be bused in like strikebreakers surrounded by riot cops to keep the baying mobs at bay. ( Hey, I can dream.)

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The penny is dropping now, all those huge numbers actually mean something, your pension destroyed, higher taxes, less public services.

~0% interest rates and nationalised banks = destroyed pensions! Final salary schemes for existing members will be closed.

I wish it would drop a little quicker around here......

All those house price falls = your pension destroyed.

All those banks/hedge funds failing = your pension destroyed.

All that devaluation of mortgage securistised instruments = your pension destroyed.

All that recessionary stuff, job losses, companies failing = your pension destroyed.

Thats some price to pay for cheap houses....... :rolleyes:

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I wish it would drop a little quicker around here......

All those house price falls = your pension destroyed.

All those banks/hedge funds failing = your pension destroyed.

All that devaluation of mortgage securistised instruments = your pension destroyed.

All that recessionary stuff, job losses, companies failing = your pension destroyed.

Thats some price to pay for cheap houses....... :rolleyes:

You've got this the wrong way round.

The reality of the situation dictates that it should be:

All of the above are a hefty price to pay for high house prices.

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I wish it would drop a little quicker around here......

All those house price falls = your pension destroyed.

All those banks/hedge funds failing = your pension destroyed.

All that devaluation of mortgage securistised instruments = your pension destroyed.

All that recessionary stuff, job losses, companies failing = your pension destroyed.

Thats some price to pay for cheap houses....... :rolleyes:

what william said - its high house prices that caused this FFS!

And its a decade of malinvestment hat means we are going to struggle to get out of it.

edit: out my profanity

Edited by mattyboy1973

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I wish it would drop a little quicker around here......

All those house price falls = your pension destroyed.

All those banks/hedge funds failing = your pension destroyed.

All that devaluation of mortgage securistised instruments = your pension destroyed.

All that recessionary stuff, job losses, companies failing = your pension destroyed.

Thats some price to pay for cheap houses....... :rolleyes:

Knowing this would happen, I didn't bother getting a pension... knew there was no point.

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Knowing this would happen, I didn't bother getting a pension... knew there was no point.

Snap, didn't get a pension either. Never trusted it would be paid after decades and it looks like I was right.

My children are my pension.

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what william said - its high house prices that caused this FFS!

And its a decade of malinvestment that means we are going to struggle to get out of it.

+1

Thought that piece might have raised more discussion. Pensions have had it... this will scare people big time. I wonder if the public sector will be affected? Perhaps they'll invest in property? Or maybe, saving is the answer.

Too high house prices are the problem, sucking cash out of the economy, benefiting few but the bankers and city wizzkids. A bubble that was bound to destroy the economy and splatter the poor souls caught up in it.

The responsibility of government and its partners (regulators) is to protect and do the best it can for the majority of its people. Not worked out that way has it?

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I wish it would drop a little quicker around here......

All those house price falls = your pension destroyed.

All those banks/hedge funds failing = your pension destroyed.

All that devaluation of mortgage securistised instruments = your pension destroyed.

All that recessionary stuff, job losses, companies failing = your pension destroyed.

Thats some price to pay for cheap houses....... :rolleyes:

my savings are not held in any of the things that you mention, thank you.

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my savings are not held in any of the things that you mention, thank you.

What, prey, is it invested in?

(Spelling pun intended)

Edited by A.steve

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I wish it would drop a little quicker around here......

All those house price falls = your pension destroyed.

All those banks/hedge funds failing = your pension destroyed.

All that devaluation of mortgage securistised instruments = your pension destroyed.

All that recessionary stuff, job losses, companies failing = your pension destroyed.

Thats some price to pay for cheap houses....... :rolleyes:

The pension was never ever there.

It hasn't been lost, the truth has bene revealed.

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The pension was never ever there.

It hasn't been lost, the truth has bene revealed.

Agreed. Ms cheeznbreed unfortunately still thinks her generous final salary scheme will provide a happy retirement in 35 years. I am trying to bring her round to the idea that words on paper mean nothing.

Edited by cheeznbreed

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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