Workplace Pension

[Stephen Blair]

Can i just add a twist to this pension debate.

 

How about this

 

I've just got divorced, and trying to sort out the financial settlement.

 

My ex wife is legally entitled to my pension, the one i pay into, although she has her own, which she pays into.

 

So how does that work ????????????

 

I will now have to somehow start again. I'm 47 she is 38.

 

It stinks.

 

 

Remember you are entitled to half of her stuff too.

Her pension pot is in the big halvers honey pot as well as your stuff.

[Tom D]

The whole tax system is a mess at the moment, the economy has moved on and the gov has failed to keep up. When the employers contribution rate hits 3% it will be costing me £5k a year. Meanwhile I'm loosing work to small outfits who employ "self employed" staff to avoid all this hassle. This is why the numbers of self employed people are going up and up. The government needs to find a way to tax these people otherwise as the economy grows tax receipts won't, and lets face it they need to. With the deficit approaching £2,000,000,000,000 they need to start paying it off, the problem they have is they are pushing people into self employment so they can pay less tax, and pushing employers into using self employed subbies. This pension thing is just another reason not to create jobs.

[harvey b davison]

Sorry to hear this, but to clarify, you have divorced your (ex) wife yet she is STILL entitled to your pension??

 

Yes. We were married 13 years so she is entitled to my pension up to the point that we were divorced.

 

The thing is, at the moment mine is worth more than hers, but if you take in the fact that she is nine years younger, if you calculate and add on them nine years then hers is bigger than mine ( if you get my drift), but that is not taken into account.

[kevinjohnsonmbe]

 

 

thers ways off looking after yr money.:

 

 

Yup.

 

Rather under reported was the changes to probate fees, or death tax as it has been called, supposedly to cover the costs of HMCTS.

 

http://www.telegraph.co.uk/tax/inheritance/grieving-families-could-be-forced-to-pay-a-new-death-tax/

[skyhuck]

 

 

thers ways off looking after yr money.but would appear some of the so called smart arses on here dont know how to do it or morr than ilkley havant got any money to do it with

 

So you are finding fault with and laughing at the poor for not have money to invest?

[spudulike]

Don't think we have sorted the OPs pension question and also think that in discussing pensions, most people are going from working straight in to an old peoples home.

 

Well....hopefully it doesn't work like that! Pensions are also there so that you can: -

 

1) Stop working before your retirement age

 

2) Enjoy the period from when you leave work and the period where bits fall off and you loose your marbles!

 

The bigger the pension pot, the longer you can enjoy that bit between being relatively fit and healthy to going in to one of those dreaded homes and eating slop!

 

The biggest issues are house prices, job market and low wages. Things have changed in this country and it isn't like it was when I started work (dark ages:001_rolleyes:), Kids can just about afford a house leaving little for a pension - it is a time bomb!!!

[Johny Walker]

So you are finding fault with and laughing at the poor for not have money to invest?

 

Is that the best retort u got dave.trying to turn it around to cover yr ares:lol:

[skyhuck]

Is that the best retort u got dave.trying to turn it around to cover yr ares:lol:

 

is that a yes or a no?

[Johny Walker]

is that a yes or a no?

 

Is it then:001_tt2:

[skyhuck]

You've lost me