It must be annoying for those who've saved regularly over the years see the annuity rates now at less than half of what was projected as the lowest estimate.
Its a crap time to take out an annuity imho ...but where else will people see a 'decent' return unless its with more risk
Once again the young generations of today continue to pay for the mistakes and overindulgence of previous generations.
Once again the young generations of today continue to pay for the mistakes and overindulgence of previous generations.
It must be annoying for those who've saved regularly over the years see the annuity rates now at less than half of what was projected as the lowest estimate.
Allowing people access to their pension pots is the worst decision by any Government since selling off Council Houses.
Selling the council houses and nationalised industries was a quick way of the government to raise money to pay for tax cuts and to build up National defences following the Falklands war. Now we desperately need the council houses and need the nuclear weapons even less so
Giving people access to large amounts of money they hope it will increase spending to massively kick start the slow economy, especially for home produced products.
Further down the line, people won't have Annuities and more will rely on benefits to survive, especially with people living longer. This decision is stupid beyond belief and they sell it to us by saying '' We trust people because they are intelligent enough to make the right decisions''
Well Mr Cameron, some are, but just as many may not be.
Allowing people to use their own savings as they want, how is that wrong?Allowing people access to their pension pots is the worst decision by any Government since selling off Council Houses.
Selling the council houses and nationalised industries was a quick way of the government to raise money to pay for tax cuts and to build up National defences following the Falklands war. Now we desperately need the council houses and need the nuclear weapons even less so
Giving people access to large amounts of money they hope it will increase spending to massively kick start the slow economy, especially for home produced products.
Further down the line, people won't have Annuities and more will rely on benefits to survive, especially with people living longer. This decision is stupid beyond belief and they sell it to us by saying '' We trust people because they are intelligent enough to make the right decisions''
Well Mr Cameron, some are, but just as many may not be.
Allowing people access to their pension pots is the worst decision by any Government since selling off Council Houses.
Selling the council houses and nationalised industries was a quick way of the government to raise money to pay for tax cuts and to build up National defences following the Falklands war. Now we desperately need the council houses and need the nuclear weapons even less so
Giving people access to large amounts of money they hope it will increase spending to massively kick start the slow economy, especially for home produced products.
Further down the line, people won't have Annuities and more will rely on benefits to survive, especially with people living longer. This decision is stupid beyond belief and they sell it to us by saying '' We trust people because they are intelligent enough to make the right decisions''
Well Mr Cameron, some are, but just as many may not be.