More companies could go bust if they fail to plug the gap in their pension funds.

StevieJ

vivatifosi wrote: »

I'm a pension fund trustee and though the PPF can be a bit of a sledgehammer to crack a mildly under-performing nut I do think its a step in the right direction. My uncle was a Mirror pensioner and that scumbag Maxwell stole it from him. Rules nowadays are much tighter. However given that this is the internet and I may or may not be who I say I am and I definitely have VI in this area, whether or not you choose to believe me is a different matter! Given that you're thinking along the same lines I'm hoping you'll give me the benefit of the doubt.

I was agreeing with you, just making a more general additional point about articles in newspapers.

vivatifosi

StevieJ wrote: »

I was agreeing with you, just making a more general additional point about articles in newspapers.

I know Stevie, I was just having fun with you. On a more serious note, maybe we should have an MSE book club and read (or at least watch lectures that precis) Flat Earth News and compare thoughts. Then perhaps we could move onto other popular books that impact on what we discuss such as Freakonomics. Or discuss interesting books on the subject.

I've just read this back. I'm such a nerd sometimes.

wageslave

vivatifosi wrote: »

I know Stevie, I was just having fun with you. On a more serious note, maybe we should have an MSE book club and read (or at least watch lectures that precis) Flat Earth News and compare thoughts. Then perhaps we could move onto other popular books that impact on what we discuss such as Freakonomics. Or discuss interesting books on the subject.

I've just read this back. I'm such a nerd sometimes.

They have a book reading thread in the Arms, I once tried joining it but it didn't work out.

I would love someone to start a similar thread on here.

I can't wait to hear what Hamish is reading.

It just might force the real us out........

vivatifosi

Then we should wageslave. And if it doesn't work here with posts moving and stuff, then we can do it over at the other place.

Running_Horse

How much has Gordon the moron robbed from our pensions since taking office?

wigglebeena

vivatifosi wrote: »

I know Stevie, I was just having fun with you. On a more serious note, maybe we should have an MSE book club and read (or at least watch lectures that precis) Flat Earth News and compare thoughts. Then perhaps we could move onto other popular books that impact on what we discuss such as Freakonomics. Or discuss interesting books on the subject.

I've just read this back. I'm such a nerd sometimes.

Let's do Malcolm Gladwell's Outliers. Some quite scary conclusions about just how tough/unlikely it is to be able to bootstrap your way out of your economic and social environment..

wageslave

I am reading Mary Gentles "History of Ash".

It weighs about the same as a small child and I think she is a fra kking genius

no_fat_chicks

Don't these companies risk going bust if they do plug the gap in their pension funds? Eg. person one runs a small business selling goods to the public with no final salary pensions to fund, person two runs a small business funding numerous final salary pensions, and has to charge his customers more than person one does to cover the extra burden. Person two's company is not competitive and goes bust.

Mr.Smith_6

no_fat_chicks wrote: »

Don't these companies risk going bust if they do plug the gap in their pension funds? Eg. person one runs a small business selling goods to the public with no final salary pensions to fund, person two runs a small business funding numerous final salary pensions, and has to charge his customers more than person one does to cover the extra burden. Person two's company is not competitive and goes bust.

No idea but I just spat my coffee everywhere on reading your username.

Malcolm.

If that frakker Brown hadn't taxed the interest, pensions would be better funded.
Good one Gordy...the Idiot.