tag:blogger.com,1999:blog-4411161795798360588.post8742971613399060855..comments2024-03-26T09:38:39.888+00:00Comments on Borthlas: Overheads and packagesJohn Dixonhttp://www.blogger.com/profile/07447224248021209852noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4411161795798360588.post-20602862007764791422011-10-14T20:21:33.180+01:002011-10-14T20:21:33.180+01:00Remember the 'Pension Holidays' that compa...Remember the 'Pension Holidays' that companies were encouraged to take during Thatcher's regime? That always struck me as a poisonous idea. I do agree that Brown's raid on our pension pots was unprincipled, and a breach of contract. He should have freed us from the requirement to convert our funds to annuities at the same time. At current rates, due to the artificially low rates of interest in this country (to protect the property market) my private pension is not worth claiming, even though I was prudent, and did everything a good citizen was supposed to do. <br /><br />I really wish I'd spent it sensibly on women and alcohol, instead of wasting it on a pension pot! <br /><br />And of course, as we have discussed before, the antics of the investment banks, with their complex derivative trading and short selling have artificially depleted the capital value.SiƓnnynhttps://www.blogger.com/profile/00021974709953206048noreply@blogger.comtag:blogger.com,1999:blog-4411161795798360588.post-52944852181002983182011-10-14T18:32:38.134+01:002011-10-14T18:32:38.134+01:00I remember spitting feathers when my private emplo...I remember spitting feathers when my private employer took a contribution holiday for "actuarial" reasons. My arguement was that it was part of the package they "sold" me to work for them. Didn't make any difference.Glyndonoreply@blogger.com