Despite people saying Labour ruined peoples pensions and caused the pension crisis? - types of pensions
Was it not Thatcher, who link from inflation to pensions? As a school at the time that I know about it. Who knows what he has done, pensions and their impact was?
Monday, January 11, 2010
Types Of Pensions Despite People Saying Labour Ruined Peoples Pensions And Caused The Pension Crisis?
10 comments:
Mick
When the Thatcher government, the link-state pension income.
The current controversy (for some opened 10 years ago) is on private pension funds and once the picture is not as conservative as we are now proud to believe that, too.
Conservative Prime Minister Nigel Lawson threatened to impose the remainder of the pension fund (to so many business plans are rich) in terms of species has led many companies to take "pension holiday". The result after a recession, a conservative or two is that the funds were underfunded, especially pensioners light on life, it costs more.
Later, Norman Lamont, reduce tax relief on dividends paid by pension funds. Gordon Brown, then did the same.
Then the market value of the depression is destroyed by the exchange, loss of retirement funds of millions.
So you had a Labor government, improves significantly the NHS, where retirees live longer. Then, hop, the funds are in deficit.
Those who attack the "use Gordon Brown's pension" online only a repetition of the Conservative Party / Daily Mail on this line. Conveniently forgetting that (was Jeff Randle according to the Telegraph "- no sympathy for the Tories), the Conservative leader, Michael Howard before the last general elections, that the question was simply not a problem.
The work does not destroy people's pensions. What really happens is that Thatcher has allowed entrepreneurs to tap the pension fund companies use this money to keep their business afloat, no - then, with the hope that things would get better. Unfortunately, the improvement was not good, and a number of companies that went bankrupt, so that a gap in their pension funds have to pay anything.
What is the Chancellor of the Exchequer Gordon Brown has done is contributing to stop paying the tax rebate on. While I was still in my pension fund returns in the years 1960 - 1990, the UK.gov I paid a tax refund for something like 23% for every £ 1 [pound] have invested in my pension fund. Eventually, there will be back in the late 80s was to invest £ 60 per month, has also invested my company £ 60 per month and when I paid 100 pounds per month for additional funds in the pension available. This proposal has received a tax refund. Who is £ 220 per month from my salary after c1980 £ 1,500 per month.
The company is not their supplier of pension funds, their employees. The worst case of thisa mirror Group News [GNM] of the pension fund had been bled from the gangsters of Maxwell.
Luckily, my pension was frozen in a "common fund" for my company did not receive a penny. There is a lot of money no Puritan, which are never published, so something has to be funded as repugnant corporation. We speak about cooperation Socialist Movement.
It gets worse.
State pensions are confusing (Thatcher), with the private sector and pensions business, where is the big problem now.
I thought it was Gordon Brown
No activity has Penion dead, only the fault of the great woman
During the Thatcher government, the pension funds with liquidity flooded. It was so much money in all funds, because the employers pay contributions.
Acre government then said that there is no need to be paid, the pension fund, because there is more than enough in them that only the investment of pension insurance for all.
There followed a period of ten years, if not in cash in the funds paid by employers. All assume that the life expectancy in TIMwe means that many retirees have died before receiving their own right.
Fund managers use the data to show that life expectancy at 10 years of the date and guess what?
Pensioners have refused to die.
When a decade later, the mass outbreak of the pensioners had to live longer, the funds are exhausted, once inflated. Too late, once the employer's contributions, but had lost the cushion of funds burdgeoning.
The rest is history, it was Thatcher government that started this mess, and we should thank orState and pension funds today.
I am after reading some reactions that Gordon Brown will probably be soon by his good deeds in screwing thousands of people on pensions, a saint. I knew that somewhere in the tirade of false facts to blame for poor Maggie. Without a doubt, "said Mr. Brown to sell gold reserves to give some money.
I am after reading some reactions that Gordon Brown will probably be soon by his good deeds in screwing thousands of people on pensions, a saint. I knew that somewhere in the tirade of false facts to blame for poor Maggie. Without a doubt, "said Mr. Brown to sell gold reserves to give some money.
Many of the problems with pensions commenced under the reign of terror Thatcher, but only her. It has a lot to do with the changing demographics of age, for example, people live longer.
The pension systems in the old style has become untenable.
He joined the list of links, and warned the people who provide the rules for their own pensions, are on the state pension. Many people, when Miss sold pensions. But it was before, and insurance companies were forced to pay scheme. The pensions issue is credited with over 30 years, and tried to do something. The problem remains why should I submit to someone who does not need to save for the same by the state for retirement.
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