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Panorama, 20:30 23rd March, "Who Will Save The Savers?"

2

Comments

  • cocktail
    cocktail Posts: 377 Forumite
    amcluesent wrote: »
    > I wonder though whether a person, ...<

    Pensions are State mandated deferred incomes, not a 'treat'. When you've paid in 5% to 15% of your salary for years, then it's a right to get the pension that was promised. If the State has operated a Ponzi scheme since 1945, as many argue they have, then today's workers also need to know.
    bang on mate. it is after all the biggest ponzi scheme around.
  • Bogof_Babe
    Bogof_Babe Posts: 10,803 Forumite
    Well that programme was a waste of time. Hardly anything about savers, mostly about failed pensions, stuff we already knew.

    Nothing helpful whatsoever. The so-called "suggestions" were along the lines of "you need to find £78,000 from somewhere". Yeah right :rolleyes: .
    :D I haven't bogged off yet, and I ain't no babe :D

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It's at 10:35 on BBC1 Wales. If you're not in Wales and have missed it try Sky channel 972
    http://www.bbc.co.uk/reception/info/channels_sky.shtml
    Ta. I am in Wales ... and I don't have Sky. So I'll watch it later or on iplayer. I only have freeview (tight as a duck's ...)
  • chopperharris
    chopperharris Posts: 1,027 Forumite
    Is it just me that finds irony in the couple that bought a flat in spain , remorgaging their home to do so?

    Thats not savings , nor pensions , thats credit!If they had only not remotgaged they would have been ok ish.

    Guy having to work into his 70s , poor sod , really im not being sacastic...but most state pensioners wont even see 70 , and if they do some of them will have to pay for care with their legacy .....assuming they actually had a bought home and its paid off.

    They probably thought like so many that take the option of holiday letting , options that plenty of pensioners only on state pensions dont have , that they would let to pay it off.Heed that warning well those with the same plans for the future.



    Or they old guy that was playing the markets?

    He might well have done the right thing , but as the disclaimers always say ....down as well as up.Sure the up might not be in your lifetime.

    Predictions of a 80 percent loss was it in his portfolio , holy sheet , what was on that one.


    Still you got to feel for the guy that supports notts county , if only because he supports notts county.

    He IMO is the only one worth any merit on that program , worked his whole life , got laid off and pension gone shortly afterwards...now thats just bloody wrong.You got to wonder just how unlucky that guy is , if hes on a plane folks its time to get off.

    Another panarama propaganda item that never used anything from the lowest end of the scale to the highest , those without private pensions at all must not count and those rich enough cant be losing any.
    Have you tried turning it off and on again?
  • Bogof_Babe
    Bogof_Babe Posts: 10,803 Forumite
    The whole thing was heavy on symbolism (tightrope walking, Rolls Royce) and far too light on concrete facts, let alone advice. Disappointing for a respected programme with a reputation for getting down to the nitty gritty.

    I thought it ridiculous when that bloke doing the fishing opened his sheet of so-called advice, only to disclose that he needed to find a lot more money. I was waiting for the really useful suggestions, but they panned straight back to the next lot. I wonder how much it cost to make a prog that merely confirmed that most of us don't have enough money nowadays.
    :D I haven't bogged off yet, and I ain't no babe :D

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Junk, it was so condecending.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Ta. I am in Wales ... and I don't have Sky. So I'll watch it later or on iplayer. I only have freeview (tight as a duck's ...)

    PN I always thought you were in the West country ?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Kev09 wrote: »
    How selfish of people to be wanting to save at this time! do they want to put people out of job!,

    The next Government initative should be to march all the savers and pensioners down to the post offices and banks, make them withdraw there money then ferry them to forecourts for a new Mondeo
    Are you German?
    [strike]Debt @ LBM 04/07 £14,804[/strike]01/08 [strike]£10,472[/strike]now debt free:j

    Target: Stay debt free
  • StevieJ wrote: »
    PN I always thought you were in the West country ?
    Wales and the West of England are rather intermingled in TV terms. Before satellite, many in south Wales could only get TV from England and vice versa.

    Off topic - sorry.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    OT PN used to live in cornwall, now lives in south wales :) Even my defunct brain can remember that :)
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