Cater allen now paying 0% interest

[AlfredJPruffock]

It is the people that are retiring now with defined contribution pension schemes that I feel for. Look at the current annuity rates

http://www.annuity-bureau.co.uk/AF_C...rates_rpi.html

With figures like that it is impossible to look anyone in the eye and tell them that it is worth saving for a pension. They might as well not bother (unless the government changes the rules again on compulsory annuities, which I suppose is possible).

Pensions ?

Thats the last resort of a Coffin Dodger .

Away with Pensions !

Let me Work - or Let me Die.

[sasguru]

Quantative Easing my arse...

Try Immodium.

[dinker]

Chap across the road is a bricklayer by trade, not only has he had no work for a couple of months but his pension fund declined by 30% last year.

[DimPrawn]

Chap across the road is a bricklayer by trade, not only has he had no work for a couple of months but his pension fund declined by 30% last year.

Where as property prices only fell by 20%.

[pmeswani]

Chap across the road is a bricklayer by trade, not only has he had no work for a couple of months but his pension fund declined by 30% last year.

I didn't realise that one could have a cracking pension like that.