New Posts For Thread: QE vs Pension deficitshttps://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficitsThree hundred more final salary company pension schemes have fallen into deficit in the past year while the aggregate shortfall in the near-6,000 schemes now in the red has worsened to £408 billion, according to the latest analysis of the health ofIn which case they are probably no longer valid.https://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549628973#549628973In which case they are probably no longer valid.Fri, 12 Aug 2016 07:53:47 -0500I have 3 credit cards and have not used them for around 7 years.https://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549628785#549628785I have 3 credit cards and have not used them for around 7 years.Fri, 12 Aug 2016 07:32:52 -0500Yes, I use a debit card when I have to, but I pay for beer, shopping, diesel, most things while I am out with cash. I never go out without a few hundred and only take my debit card with me to draw out cash or the occasional purchase.https://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549628777#549628777Yes, I use a debit card when I have to, but I pay for beer, shopping, diesel, most things while I am out with cash. I never go out without a few hundred and only take my debit card with me to draw out cash or the occasional purchase.Fri, 12 Aug 2016 07:32:14 -0500Stow judge I assume you use a debit card?Cash is for drug dealers and peasants. Credit cards give you purchase protection and not sure how you'd go about using cash to buy plane tickets, stuff off amazon etchttps://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549628585#549628585Stow judge I assume you use a debit card?Cash is for drug dealers and peasants. Credit cards give you purchase protection and not sure how you'd go about using cash to buy plane tickets, stuff off amazon etcFri, 12 Aug 2016 07:07:43 -0500If the companies hadn't taken such a long 'contributions holiday' during the boom years pensions wouldn't be in the state they're in.https://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549628361#549628361If the companies hadn't taken such a long 'contributions holiday' during the boom years pensions wouldn't be in the state they're in.Fri, 12 Aug 2016 06:39:18 -0500My firm pays in 5% of salary and also refunds the employer’s National Insurance (13.8%) of contributions into our pensions.I think it's good to save separate to pensions as well, be it in an ISA or a property or something else. Legislation can chanhttps://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549628291#549628291My firm pays in 5% of salary and also refunds the employer’s National Insurance (13.8%) of contributions into our pensions.I think it's good to save separate to pensions as well, be it in an ISA or a property or something else. Legislation can chanFri, 12 Aug 2016 06:32:24 -0500its not your % that counts but what the firm puts in,no point in turning free money down and banks etc giving you nothing for your own moneyhttps://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549627871#549627871its not your % that counts but what the firm puts in,no point in turning free money down and banks etc giving you nothing for your own moneyFri, 12 Aug 2016 05:31:36 -0500I pay quite a high % of my wage into two pension pots. Is that a bad idea then?One is with prudential the other John Lewishttps://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549627349#549627349I pay quite a high % of my wage into two pension pots. Is that a bad idea then?One is with prudential the other John LewisFri, 12 Aug 2016 03:59:44 -0500It all sounds pretty bleak Digital money is something to be afraid of. Cash is king. I have not used a credit card for 7 years. Maybe contactless cards are to be avoided at all costs. Don't let them take a cut of everything and add to the prices ovehttps://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549615523#549615523It all sounds pretty bleak Digital money is something to be afraid of. Cash is king. I have not used a credit card for 7 years. Maybe contactless cards are to be avoided at all costs. Don't let them take a cut of everything and add to the prices oveThu, 11 Aug 2016 02:13:18 -0500The pension market's Huge & cannot be sustained, it's becoming impossible for funds to keep finding 7% returns to keep the Ponzi afloat, so they plan to Steal all this easy money first as the Banks collapse, a few smug old bstrds will creak in theirhttps://community.betfair.com/chit_chat/go/thread/view/94038/30723213/qe-vs-pension-deficits?post_id=549615349#549615349The pension market's Huge & cannot be sustained, it's becoming impossible for funds to keep finding 7% returns to keep the Ponzi afloat, so they plan to Steal all this easy money first as the Banks collapse, a few smug old bstrds will creak in theirWed, 10 Aug 2016 22:33:28 -0500