Grendel
Well-Known Member
Ah so it’s literally an annuity. You do realise no one would ever advise that? It’s a tiny percentage who do this? It’s the equivalent of an endowment mortgage these days
For those on limited means and finishing work (thus removing their source of income), when they use the pension pot to buy an annuity. They can't afford to wait for the pot to recover, neither can they take the risk of having an unsecure return based on market fluctations. So they have to use the amount of money in the pot, at the time it is at a low point, to buy a more fixed, usually inflation adjusted, monthly payment. So those payments, and any tax free lump sum they take, will be smaller as they're having to cash in when the market is at a low point.
Of course, those entering that stage should be having it moved into less volatile instruments to minimise the risk, but that is not always the case and with employer pensions it is often just left to whatever the pension provider decides to invest it in.
Would it be a little selfish to hope it gets resolved soon ... as my pension pot has dipped by £10k? !!
In the words of Shaggy - It wasn't meYes a bit selfish but understandable. What do you think about the decision to attack Iran with very little strategic planning?
Well I did, but I'll put it on ice now for 10 yearsMines gone up 5k, it doesn't matter anyway unless you plan on retiring next week.
Why is everyone suddenly bigging up these nut jobs? They'll be just as clueless in power as Reform. 2 cheeks of the same arse, just one that pretends everything is fine and dandy.Obviously its just one poll and you need to look at the overall trend over a period of time but we don't, at least at present, seem to be experiencing the end of the green party as many predicted after their leadership election.
Saw one election analyst speaking about this and talking about how they are close to the tipping point where FPTP works in their favour.
Greens overtake Labour in sensational poll
The Greens have polled higher than Labour in the latest poll by YouGov, which puts them only two points off Reform UK and five ahead of the governing party.news.sky.com
Obviously its just one poll and you need to look at the overall trend over a period of time but we don't, at least at present, seem to be experiencing the end of the green party as many predicted after their leadership election.
Saw one election analyst speaking about this and talking about how they are close to the tipping point where FPTP works in their favour.
Greens overtake Labour in sensational poll
The Greens have polled higher than Labour in the latest poll by YouGov, which puts them only two points off Reform UK and five ahead of the governing party.news.sky.com
Probably because they waved a Palestine flag and hypnotised a few people.Why is everyone suddenly bigging up these nut jobs? They'll be just as clueless in power as Reform. 2 cheeks of the same arse, just one that pretends everything is fine and dandy.
I know we're all pretty much disillusioned with the current offering but I'd take another 5 years Labour over either of them!
Well that's just it isn't it? Everyone assumed Farage / Reform would go nowhere because he's clueless and easy to see through but they're leading the polls. Same applies with the Greens I guess just on the other end of the political spectrum.Why is everyone suddenly bigging up these nut jobs? They'll be just as clueless in power as Reform. 2 cheeks of the same arse
Think it will be fascinating to watch. Same applies with Farage. The only time I've seen him really questioned at all was on the BBC around the time of their conference and he couldn't handle the questioning at all.They will lose a lot of support once Polanski gets put under scrutiny with questions on the economy etc, he'll fall apart at leadership debates nearer the election and look a bit of a clown.
Same way reform waved a St Georges flag and hypnotised a few people.Probably because they waved a Palestine flag and hypnotised a few people.
Reform voters wouldnt care if he got shown up on the BBC as they have a hate for mainstream media.Well that's just it isn't it? Everyone assumed Farage / Reform would go nowhere because he's clueless and easy to see through but they're leading the polls. Same applies with the Greens I guess just on the other end of the political spectrum.
When nobody wants to vote Conservative, Labour or Lib Dem the votes have got to move somewhere. Unless everyone just gives up and doesn't bother.
Think it will be fascinating to watch. Same applies with Farage. The only time I've seen him really questioned at all was on the BBC around the time of their conference and he couldn't handle the questioning at all.
Imagine going into a general election debate where they're the two front runners, it would be hilarious for all the wrong reasons but also a sad reflection on the state of politics in this country.
Yes, because the Labour/Tory consensus on the economy is so successful isn't itThey will lose a lot of support once Polanski gets put under scrutiny with questions on the economy etc, he'll fall apart at leadership debates nearer the election and look a bit of a clown.
(unless he spends the next few years really working on that side of things)
Yes, because the Labour/Tory consensus on the economy is so successful isn't it
A lot of people are probably getting to the point where they're willing to take the chance to be honest. You can't tell people who have seen their living standards at best stand still that the economy is functioning well under the prevailing dogma.As bad as they are they are lightyears ahead of Polanski who has been made to look a total idiot when pressed on the economy.
He will be made to look very silly unless he improves drastically on it.
A lot of people are probably getting to the point where they're willing to take the chance to be honest. You can't tell people who have seen their living standards at best stand still that the economy is functioning well under the prevailing dogma.
She's now liquidated the company and got herself £379k. Rotten to the absolute core.Investigations in Companies house show her now dissolved business received a large cash injection from somewhere.
View attachment 49626
A lot of people are probably getting to the point where they're willing to take the chance to be honest. You can't tell people who have seen their living standards at best stand still that the economy is functioning well under the prevailing dogma.
She's now liquidated the company and got herself £379k. Rotten to the absolute core.
That’s a nightmareMeanwhile back in the real world for most of us... my 88 year old Mother in law had a fall at home two weeks ago and broke her shoulder, she was sent home from UHCW on the same day.
It's been a nightmare for my wife and her sister providing 24/7 care between them...they are tired and stressed beyond belief tbh (Wife is 66 her sister is 64).
Mother in law is very reluctantly going I a care home today for 4 weeks respite care.
No help from anyone in the NHS or Social services,we have had to pay £8k upfront for her 4 weeks respite.
Thanks for the link Pete, actually we took her to an appointment at St Cross on Monday and she saw a consultant who checked her progress (x-ray etc) ... told him we were struggling... trust me none of the above was mentioned to us.That’s a nightmare
We made sure before mum left hospital that a care package was considered. It didn’t happen as my sisters took her home before it was done as mum didn’t want to stay in hospital
Then paid privately for carers to come in for a temporrry period after my sister took the brunt of caring responsibilities for her for a couple of weeks
Pretty sure you can get support but you have to be pretty insistent
Re-enablement careCare after illness or hospital discharge (reablement) - Social care and support guide
Short-term care for people who need extra support to help their recovery at home.www.nhs.uk
Investigations in Companies house show her now dissolved business received a large cash injection from somewhere.
View attachment 49626
That’s frustratingThanks for the link Pete, actually we took her to an appointment at St Cross on Monday and she saw a consultant who checked her progress (x-ray etc) ... told him we were struggling... trust me none of the above was mentioned to us.
Well it's the timing. I think I'm seeing it might have been from her husbands business, y'know the bloke who has just been arrested for spying for the Chinese. All this is reminiscent of the Guy Burgess, Donald Maclean & Anthony Blunt scandals, don't you love the good old British Establishment.That doesn’t show that the business got a large cash injection from somewhere. That shows that the business made sales with very little cost attached; not uncommon for a consultancy-type business. Without a proper breakdown of creditors you’d have no idea whether these were other consultants owed money, tax liabilities or something else. Given there was no erroneous creditors declared in the liquidator’s report I don’t see how you can cast aspersions like this.
For reference, I don’t even know who the woman is beyond being an MP so no idea whether the sales element has anything fishy about it.
Empathy while sending the bombs over?That video of Starmer getting his arm stroked by the Palestinian Ambassador and whispered in his ear, is a bit weird.
Empathy while sending the bombs over?
I fear you may be too late for re-enablement, its for when someone is discharged. But having said that there should have been a care plan in place and you should have been able to give input as to whether you would be able to cope or not.Thanks for the link Pete, actually we took her to an appointment at St Cross on Monday and she saw a consultant who checked her progress (x-ray etc) ... told him we were struggling... trust me none of the above was mentioned to us.
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