Pensions

As a pensioner who has three in all - and an old person to boot - the pension discussions are all a bit of a non-event. I'll be dead or in the state home for the confused long before the new arrangements start to come in. I did think that someone with Toytown Tony's pension was a poor choice t advise us that the new scheme had drawbacks and was the best they could cobble up. B Liar does not have the worry of jam tomorrow - he and BMB (Big Mouthed Bitch) are jam-making as fast as they can right now. Yes - go on clever bastard - ask me how being on the gravy train lets them make jam!

TODAY'S GUEST BLOG
Here is a reasoned comment

Rather like the photograph of him in front of a whiteboard selling the benefit of £2 a week. Works for him right!

Here is a nice analysis

By "saving" in that headline they actually mean "tax" - another 7% (I think) tax on employment - or out of your wages - in return for a Government "promise" that they will look after you in your very old age.
So you will pay more tax, work for longer and some of it will come back to you as a state pension.

I'm not a licenced financial adviser and so can not give advice but if I were it would be don't trust the bastards, invest as much money as you can in your own pension provision which you control and has nothing to do with the government, or do you believe they are so wise and careful with your money that they can look after it better than you can do?
I can prod my pension fund with a stick and check it is still there every morning, and that is the way I like it.
Of course these strictures and advice doesn't apply to certain groups in society who will be feasting at the public pension trough at an age they can still enjoy it...