Private sector pensions 'collapse'
03-01-2012, 13:26
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#1
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Private sector pensions 'collapse'
Quote:
There has been a "seismic collapse" in private sector pensions, and the gap between private and public pensions is widening, a report warns.
The Association of Consulting Actuaries (ACA) says that nine out of 10 private sector defined benefit schemes are now closed to new entrants.
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http://www.bbc.co.uk/news/business-16385381
This is a massive problem for us all and I can only see it getting worse. 
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God only knows what sort of mess we'd be in if Brown hadn't been so 'prudent' and Bliar hadn't been 'tough on crime...' and so selflessly devoted to world peace and eradicating poverty... 
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03-01-2012, 13:29
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#2
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Nil Status Nisi Optimum
Join Date: Dec 2003
Location: Yorkshire
Posts: 3,818
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Re: Private sector pensions 'collapse'
We should tax public sector workers to make up the shortfall.
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The wheel's still turning but the hamsters dead.
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03-01-2012, 13:32
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#3
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To Fly, To Serve
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by Pierre
We should tax public sector workers to make up the shortfall.
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No we should the very rich, they are the ones who have stolen our pensions!
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03-01-2012, 13:34
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#4
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Never give in
Join Date: Jun 2007
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by Pierre
We should tax public sector workers to make up the shortfall.
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Why is that then.?
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I am not certain of the hereafter. Frankly, I'm not all that certain of the here. 
Last edited by denphone; 03-01-2012 at 13:39.
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03-01-2012, 13:40
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#5
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cf.geek
Join Date: Mar 2007
Posts: 596
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Re: Private sector pensions 'collapse'
Oh, great - New Year, new gloom
TBH I wouldn't want to have to rely on a private pension
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03-01-2012, 13:41
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#6
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To Fly, To Serve
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by chris9991
Oh, great - New Year, new gloom
TBH I wouldn't want to have to rely on a private pension
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Don't worry, it will get worse! 
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03-01-2012, 13:56
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#7
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** **** ********
Join Date: Sep 2007
Posts: 10,759
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Re: Private sector pensions 'collapse'
Now Xmas is out the way be prepared for the country to go further down the pit.
2012 is going to be the year for doom, gloom, riots, poverty, and more riots.
The only good start of 2012 so far is that Crabbies ginger beer advert has gone forever.
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Last edited by Gary L; 03-01-2012 at 14:00.
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03-01-2012, 13:59
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#8
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To Fly, To Serve
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by Gary L
Now Xmas is out the way be prepared for the country to go further down the pit.
2012 is going to be the year for doom, gloom, riots, poverty, and more riots.
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2012 is going to be a interesting year
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03-01-2012, 14:06
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#9
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** **** ********
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by Alan Fry
2012 is going to be a interesting year
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I predict that within 2 months from now we're going to see some bigger drastic measures took.
I think Dave is gonna drop a big one on us soon. I'd say that we may even cancel the Olympics and the whole world is gonna hate us even more than they do already.
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03-01-2012, 14:14
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#10
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To Fly, To Serve
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by Gary L
I predict that within 2 months from now we're going to see some bigger drastic measures took.
I think Dave is gonna drop a big one on us soon. I'd say that we may even cancel the Olympics and the whole world is gonna hate us even more than they do already.
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If we do cancel the Olympics, then where will the 2012 games be hosted then?
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03-01-2012, 14:17
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#11
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by Alan Fry
If we do cancel the Olympics, then where will the 2012 games be hosted then?
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They won't. that's what makes it more interesting.
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03-01-2012, 14:22
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#12
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Never give in
Join Date: Jun 2007
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by Gary L
I predict that within 2 months from now we're going to see some bigger drastic measures took.
I think Dave is gonna drop a big one on us soon. I'd say that we may even cancel the Olympics and the whole world is gonna hate us even more than they do already.
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Some very wide of the mark posts today from you and Alan.
---------- Post added at 14:22 ---------- Previous post was at 14:21 ----------
Quote:
Originally Posted by Alan Fry
2012 is going to be a interesting year
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Why is that then.?
__________________
I am not certain of the hereafter. Frankly, I'm not all that certain of the here.
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03-01-2012, 14:24
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#13
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by denphone
Some very wide of the mark posts today from you and Alan.
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I said not long before the recent riots that they would happen. and people said I was wide of the mark about that too.
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03-01-2012, 14:28
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#14
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Never give in
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by Gary L
I said not long before the recent riots that they would happen. and people said I was wide of the mark about that too.
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Are you related to Nostradamus. 
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I am not certain of the hereafter. Frankly, I'm not all that certain of the here.
Last edited by denphone; 03-01-2012 at 14:35.
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03-01-2012, 14:29
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#15
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cf.mega poster
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Re: Private sector pensions 'collapse'
Quote:
Originally Posted by Gary L
I said not long before the recent riots that they would happen. and people said I was wide of the mark about that too.
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You've been saying it for a long time Gary ,sooner or later you had be right ....law of averages and all that
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