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George Osborne Plots £7Bn Pensions 'raid'


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HOLA441

Same conclusion here, only makes sense with 40% and sacrifice.

40% saving is sufficient to make it worthwhile, IMHO.

I've built up a bit of a pot in my last job (2 years 9 months of it) based on 40% earnings. Unlikely to put any more in now, as being off PAYE I can avoid the 40% even if I make lots of money: just leave it in the company!

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HOLA442

Yep, the only viable pension for the masses would then be property.

...with Gordo's funny money out of the way...and the current state of Bank Balance Sheets....property may come again as an investment in 50 years time....for now ..watch them drop...pension ...?....I don't think so for the current generations.... :rolleyes:

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