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Wednesday 3rd December 2008 Make us your HOME PAGE  What is RSS?
 
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ARTICLE SUMMARY

Pensions disaster warning

BRITAIN’S pension schemes face a multi-billion-pound black hole which could have disastrous consequences for millions of people, experts warned last night.

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WE CAN HELP

03.03.08, 12:52pm

This is the type of disaster that helped us to decide to leave the Uk for a better life, many years ago.
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• Posted by: Positiva • Report Comment

WHAT A MESS WE ARE IN

17.02.08, 1:26pm

Labour has taxed us mightily, sold off the nations gold, and raided the pension funds, making Robert Maxwell look like a model of probity. Now they are planning to put the nation in hock to the oil rich Arabs. But we must not think that they are stupid. Not at all. They have outsourced the government of Britain to Brussels. With nothing more to do, they have compensated themselves with huge salary increases and a gilt edge inflation proof pension.

So let us vote for Labour, and have more of the same, while we still have a nation to call our own.

• Posted by: DavePr • Report Comment

PENSIONS DISASTER

17.02.08, 10:26am

Perhaps these "experts" could show us tax payers where the black hole is in the public services pension pot, and how much Brown raided from it. I think none in both.

• Posted by: Daveyboy • Report Comment

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COME ON ALL YOU PENSIONERS

16.02.08, 6:17pm



Labour can't afford us AND the scrounging immigrants,it's your duty to do your bit for Britain,just as you did in WW2.
It's your duty to exit this world and make way for aids infected Africans,TB infected Asians and Muslims who just want the best without any of the effort.
Call in at your local government dep. and get you free pamphlet on assisted suicide.
You know it makes sense.the whole of planet Earth needs your space in the UK.
And................your suicide kit is not even means tested,limited stocks,form an ordely queue.

• Posted by: rozipoz • Report Comment

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THIEVING GOVERNMENT LINING THEIR OWN POCKETS AS USUAL.

16.02.08, 2:47pm

Yet ANOTHER NATIONAL SCANDAL brought about by this government.
Its about time these ministers were brought to book.
Its about time someone was prosecuted for sheer incompetence but more importantly, for financial treachery.

• Posted by: Jac16 • Report Comment

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HE ALSO ROBBED THE MINERS PENSIONS

16.02.08, 1:52pm

Miners would have been very well provided for if the government had not plundered the fund for their own purposes.
Miners provided the wealth on which their pension fund was built but this government used it as another assett to fill the revenue coffers.
Many miners have died or are ill suffering from lung diseases. Compensation was late or not paid at all.
The pension fund at the moment stands at around 12 billion pounds. Still a massive amount and with a dwindling supply of pensioners will the miners and their families receive a deserved substantial increase in their pension ?
No I doubt it.
The pension scheme is frozen but soon these pensionable miners will be gone.
Who will claim the billions born on the backs and lungs of the miners?
If it goes to the needy and the poor and other pensioners I dont care a jot but it wont will it?
It will be in the MPs pocket and the fat cats belly.
Miners traditionally voted labour.....but new labour has stolen from them and deceived them and turned their backs on them.
All labour voters should now do the same .

• Posted by: abuela • Report Comment

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JUDGE ALLOWED THE PLUNDER!

16.02.08, 1:52pm

If my memory serves me right, sometime back, there was a stupid judgement that allowed the companies to plunder the pension funds because at the time the pension funds had more than the alleged more in funds.

Should this judge be not now be brought to books and prosecuted to answer the short fall in the pension funds, which were plundered by companies, because of his stupid ruling?

I hope he has lost all his rights to his pension funds and is living a life of misery!

Or may be he is being looked after his henchmen in the financial world, who gamble in the Stock market with people's money.

• Posted by: Nalin • Report Comment

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SHARE THE LOOT!

16.02.08, 1:41pm

The Pension and insurance industry and the government are making a fool of the public and sharing the loot.

It is a well known fact that the executives of the pension companies and the politicians enjoy most luxurious presidential life style and the politicians are taking a share of the loot.

The pension fund is there for these people to plunder and leave those who contributed to it to fend for themselves in their old age.

When the government runs with stealth taxes and loot the publkic, do we expect them to be kicked out of the office in the election?

No, we follow them like sheep and still vote them in.

Get rid of these corrupt policiticans, who were elected with only less than 50 per cent population voting for them.

They did not, and have not, the majority populations vote to rule us.

It is now open and accepted fact that the corruption is at the highest level and the system does not allow them to be charged with murder and theft of public funds as those who are supposed to take action against them are either their henchmen or do not have the stomach to catch these culprits.

It is not surprising because these henchmen were appointed in these posts by these very corrupt and immoral politicians.

• Posted by: Nalin • Report Comment

PENSIONS WARNING?

16.02.08, 9:58am

Why didn't the Regulator order Brown to return all the funds he stole from Pension Funds?

• Posted by: RichardMac • Report Comment

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PENSIONS DISASTER WARNING

16.02.08, 8:33am

Has someone just woken Alison Little and Ros Altmann from a coma?

This article could have been lifted from any newspaper in the past few years. I realise the weekend is a "quiet time" for journalism and that the Youth Training Scheme is in charge of the presses, but this is journalistic idleness.

Its either that or they are married to the proprietor - a la Barbara Amiel.

• Posted by: mikem • Report Comment

MISERY.

16.02.08, 4:51am

More Misery for hard working Taxpayers.

Firstly let all be assured those charged with running (or should that be ruining) the livelihoods of hard working soon to be pensioners will by default be totally immune from any responsibility for failure/shortfall of said schemes.

Secondly a good many of these pension funds maybe healthier if thieving GoDron Broone and his leeching cohorts in public life had left well alone and stopped plundering untold billions from privately funded pension schemes.

Thirdly it arises for every pound an individual in the private sector places into his pension fund he/she is obliged through the laws of taxation to place an almost identical sum towards the pension of some invisible B******D in public service. The public servant’s pension is bullet proof and enjoys indexation benefits well above inflationary pressures and for the privileged at the upper end of the Bums and Stiffs league all is tax-free.

Fourthly something is sadly wrong with the administration of this country where the system has been made corrupt to the point whereby living to long appears to be a crime.

• Posted by: kojak • Report Comment

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NOFREESPEECHTHEREEITHER - - -

16.02.08, 2:36am

I reckon you will find that the pension will be paid in whatever country they go to. And i'm not sure that a person can come here 5 or 6 years before pension age and then claim pension.
After all, we're paying for kids that are not in this country, the mothers have never been here etc etc. And what happens when the immigrant goes home - claims back all or any and if taxes paid, - then returns on the next flight and starts again? - kind of negates the pension the one who stayed for two years paid in - dosn't it?

Support our elderly - no more immigration - send the foreign crimminals home - vacate the eu and the payments - and get rid of Sov-Lab/Lib/CON ! !

• Posted by: JAYDEE • Report Comment

PENSIONS CRISIS

16.02.08, 12:57am

the main reason there is a looming pensions crisis is demographics. a large bubble of 'baby boomers' are just about to retire, and there are not enough working age people in the country to look after the extra cost on pensions, the nhs and other social services that older people use a lot of.

one important reason why immigration is a useful thing. we need the extra taxes that immigrants supply by giving us a larger stock of working age people.

and of course the bonus here is that many immigrants will pay into the system for a few years, then go back home, never to collect the pension that they paid into.

you want to solve the pensions crisis? let immigration continue. if we don't our older people will suffer.

support our elderly, support immigration!

• Posted by: nofreespeechhere • Report Comment

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- - - AND WHILE WE'RE ON THE SUBJECT - - -

16.02.08, 12:14am

Has he stopped stealing £5 billiion a year from the pensions fund yet ??

(and now trying to blame failing companies).

• Posted by: JAYDEE • Report Comment

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SOME CLARIFICATION ON THIS POINT!!! - - - - - -

16.02.08, 12:11am

The pensions regulator has now ordered companies to put their schemes in order.


- - - - THIS DOES NOT MEAN - GO OUT AND SHOOT COMRADE CITIZEN BROWN ! ! !

Pensions theft and robbery is not a Firing Squad offence ! (yet).

• Posted by: JAYDEE • Report Comment

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