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mikecotterill

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Posts posted by mikecotterill

  1. i had a friend who practiced on the road with someone with the licence and L plates on. He got a fine and 3 points for the priverlage he got pulled as he had L plates on the trailer.

     

    What was the reason for the penalty? You'd still need l plates on the trailer. I did when I did class 1

  2. Yes, but even if some one cannot read it does not mean a written contract is invalid, if they sign the contract its binding, its their responsibility to have read and understood the contract before signing, if they cannot read they need to get some one they trust to read it to them.

     

    If this were not the case anyone wanting to get out of a contract would simply claim to be illiterate and walk away.

     

    Interesting all this talk about contracts, good luck trying to take them to court if they don't pay!

  3. I would regard this as a good thing.

     

    For the majority of employed people (I suspect this is not the status of many people on Arbtalk who appear to be self-employed) a pension is a sensible thing to plan for. Following the collapse of Equitable Life, the remaining companies are heavily regulated so it's pretty secure.

     

    The amount you put away each month is realistic and you're effectively more than tripling it when the fact that it's tax free is taken into account. Compare this with, for example, the amount of your net salary you would need to pay the mortgage on a second house as others have suggested.

     

    Consider that, in the end, there is likely to be a period before you die where you can no longer work. During this period, you will need more than state benefits if you want to do anything with your remaining years. This isn't about luxury cruise holidays, it's about having enough to heat the house, or to visit the grandchildren. The basic state pension won't do this, having a bit more coming in will make this possible.

     

    It can get a little complicated when you move company as you do end up with a series of little pots of money from each if they're using different schemes, but you don't have to do anything with them - just keep them all in a big folder and when you're ready to turn them into an annual income you cash them all in together via a pension provider. Simple.

     

    So, unless you really need the small amount of extra monthly income now, I would regard more than tripling your money as a very good deal.

     

    Alec

     

    This was another thing I'd wondered. I thought that for it to be any use I'd have to stay with the company for the next 20yrs or so. But your saying it doesn't matter if I move I'll still get something?

  4. Just wondering what people's thoughts are on a company pension? I'm 29 now and have started with a company who has a pension, they put twice what I put in. Which seems good. Obviously a lot of people would be happy with a job at the minute never mind a pension, but I'm just interested in wether people think it's something I should be worrying about?

  5. I had spring loaded bolts fitted on the inside of mine before it was converted to a tipper . So you had to open the ifor top to access the bolts . Available from all agricultural suppliers . :biggrin:

     

    That sounds a good idea, nice and simple 

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