Chip

Pension Tax Calculator

One for pslewis I think

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Petem95

Labour have screwed this country so badly its unreal

Raided pensions, sold loads of the countries gold while gold prices were low, introduced countless stealth taxes, encouraged an unsustainable house price boom to fuel consumer spending, borrowed huge amounts for public spending, saddled students with even more debt etc etc etc

The future now looks pretty bleak - once the bubble bursts we'll be left with massive debt, no manufacturing industry, people who not enough money to retire on

GaryK

Nothing because I haven't got one, don't believe in them. I remember asking an IFA years ago what the main benefit of a pension was, reply was 'you can't get at your money', I see that as huge negative not a positive.

Gary

Lee247

I wish I hadn't looked

Luminous

iTrader: (3)

Yup, I don't and won't have one. I don't trust governments, they expect you to lock up a huge wadge of cash on a promise that they can break at any time.

People who have believed them in the past have saved for 40-50 years and lost everything. The government set up some sort of scheme to help compensate people who's funds have come bust. Its so damn so and useless that a lot of these people die before they see the benefit.

The Government raided the pension funds for cash, and then 12 months later thinking we were stupid or something said that we were not saving enough

Not to mention that if you do any sort of planning, governments change rules retrospectively.... **** em. I will retire on nothing other than some liquid non cash assets held by non financial institutions outside of the government's clutches.

Robert Rosario

I have lost a bit due to Brown's tinkering, but my fund has still grown by over 20% last year, and I got 40% tax relief on the money I paid in, so "real" return a lot higher than that.

Pensions, what a waste of money.

The Snug Rhino

lol.....at least there will be the winter fuel payment to keep you cosy while you pat yourself on the back for avoiding the evils of tax relief and equity growth.

DCI Gene Hunt

I plan on 'checking out' BEFORE collecting my crusty income