best pension sceme

jafferpants · Post by **jafferpants** » 13 Nov 2007, 15:49

This will make you chuckle did you know that every year watson wyatt the rm pension actuary gives an in house award to the company it considers to be the best run scheme . suprise suprise rm got it last year but then it is one of watson wyatt's biggest contracts

k979aaa · Post by **k979aaa** » 13 Nov 2007, 18:46

jafferpants wrote:This will make you chuckle did you know that every year watson wyatt the rm pension actuary gives an in house award to the company it considers to be the best run scheme . suprise suprise rm got it last year but then it is one of watson wyatt's biggest contracts

But for who in the buisness! I wonder if i could be them :cfo & :lfo yes it must be cut the pension bump up the bouns!

Post by **moon71** » 13 Nov 2007, 19:42

Dont know about you fellas, but i got 17 years in the pension scheme. I have an appointment with an impartial financial adviser and considering moving my pension private. 10 years ago some peeps wondered away from the scheme and regretted it, but with whats happening, private pensions might lesson the blow to all o us.
We considered this a good pension years ago because the company put in an equal stake, those days are over.........

k979aaa · Post by **k979aaa** » 13 Nov 2007, 19:50

moon71 wrote:Dont know about you fellas, but i got 17 years in the pension scheme. I have an appointment with an impartial financial adviser and considering moving my pension private. 10 years ago some peeps wondered away from the scheme and regretted it, but with whats happening, private pensions might lesson the blow to all o us.
We considered this a good pension years ago because the company put in an equal stake, those days are over.........

Why change your pension you have'd worked hard for all of those year's this is what we are all fighting for the only change needed is these two :cfo & :lfo OUT!

Post by **moon71** » 13 Nov 2007, 19:57

TBH i find the pension booklet baffling at best, some people at work walk around stating, once i get 30 years service in the best i can hope for is 30/60 or 40/80 depending on whos view it is. Other times im told im losing Â£2,000 a year outta that. As a postman , i earn around Â£18,000 yr basic pensionable pay, thats Â£9,000 pension a year, take away Â£2,000 an thats barely liveable.

Anyone take the time to write a thread about the pension, with true facts that are easy to understand?

mh80 · Post by **mh80** » 13 Nov 2007, 21:45

it would be good to hear about it. I've been looking into a bit. Gets even more confusing as there are 3 different schemes depending on when you joined...or something. ah it's getting late!

jafferpants · Post by **jafferpants** » 14 Nov 2007, 13:55

moon71 wrote:Dont know about you fellas, but i got 17 years in the pension scheme. I have an appointment with an impartial financial adviser and considering moving my pension private. 10 years ago some peeps wondered away from the scheme and regretted it, but with whats happening, private pensions might lesson the blow to all o us.
We considered this a good pension years ago because the company put in an equal stake, those days are over.........

Dont even think about it moon71. It will be the biggest financial mistake you will ever make in your life.Those benefits you have built up over 17 years are gold plated and can NEVER be removed. Put it in a personal pension and you could lose the lot . It's a no brainer!!!!!!!!!

ROYALMAILCHAT

best pension sceme

best pension sceme

Re: best pension sceme

good idea