Gransnet forums

Legal, pensions and money

Savings for Retirement

(82 Posts)
HUNTERF Fri 01-Mar-13 09:39:56

Just heard over the radio ( I don't know which station as I was in a shop ) that 70% of people over 55 have less than £50,000 saved in a pension scheme for retirement.
I just hope that people who have bothered to save for retirement will not be taxed any more to assist pensioners who have little or no private pension.

Frank

HUNTERF Sat 02-Mar-13 11:27:09

Hi Bez

I could see some legal wrangles happen if say the step parent is in the house and the children's parent passes away first.
The step parent could get married again and bring that person in the house and the situation could go on an on to the point where the children may never be able to sell the house and inherit the money.

Frank

Movedalot Sat 02-Mar-13 12:01:35

absent I have just caught up on this thread and can see that no one has stood up for Brummies so I will! I am not one but do know a lot and they are not at all complaining and whinging. They are lovely people. One of my German ex-colleagues had previously lived in Brum and said the people were lovely and she preferred living there to living in Surrey.

I believe that everyone will now be enrolled in their company pension scheme unless they elect not to but no one will be forced to do so.

absent Sat 02-Mar-13 12:19:18

Movedalot You don't need to leap to the defence of Brummies. I haven't criticised Brummies per se – just queried the fact the HUNTERF seems to know so many people who are envious and downright disapproving of his home, car and savings and so many people for whom inheriting property is the most important aspect of family life. I just wondered if there was an unusual concentration of such people near where he lives. smile

Galen Sat 02-Mar-13 13:17:04

I'm not a Brummie but near enough at westbromwhich. We midlanders are the salt of the earth, well almost all midlanders.

Movedalot Sat 02-Mar-13 13:18:21

and the pepper Galen

HUNTERF Sat 02-Mar-13 15:02:58

Hi Galen

My father's lady friend who wanted the house spent about half her life in West Bromwich.

Frank