Respect!

atush

A pension IS a container or better yet a wrapper. Value is created or lost by the actions of the individual, ie you, as you have control in where you invest your money in a pension. If you ceed that control to others because you can't be bothered to research investments yourself, then again that is your choice and your action (or indeed inaction).

It is constructed to give you relief from tax, and keep your grubby mits off your (and your employer's) cash until you actually are old enough to retire. Investments that can be held in other ways such as directly or via other wrappers like ISAs can be held in a pension.

dunstonh

Even now reading your words, the first thing you type is higher. like it's more important trying to getting over that point, why?

Isnt that being a bit anal?

A pension isn't a container, it's a human construct where value is created and lost by actions of others.

A pension is a container. It is one of the dozen or so tax wrappers available in the UK. The pension itself does not create or lose value. The investments you place within the pension (container/tax wrapper) do that.

tgon

Respect to you all - confussion to the masses! I throw my pensionable fish and NIC flavoured chips into a stock-friendly grease proof wrapper and pray I grow old on the fatty construct of my ignorance.

I am off to find an IFA who's gift in investment law, mathmatics and probability is suitably translated into fluent blonde. :doh:(But thanks for showing me the next step.)

MoreOn

dunstonh wrote: »

Isnt that being a bit anal?

A pension is a container. It is one of the dozen or so tax wrappers available in the UK. The pension itself does not create or lose value. The investments you place within the pension (container/tax wrapper) do that.

Nope, it's not anal it's the way some pensions are sold. You time yourself next time you sell a pension then tell me you devote as much time to lose of value as gaining value and the type of data you use to "encourage" the sale..


Sorry it isn't a container, container is a convenient label that represents what it is, not what it is.. i haven't argued that the "human construct" can within itself gain or lose value.. Intangible items like pensions have changes in value through complementary processes of tangible and intangible resources. Extraction of value from the construct is based on initial transfer and guess at future power structures..

dunstonh

Nope, it's not anal it's the way some pensions are sold. You time yourself next time you sell a pension then tell me you devote as much time to lose of value as gaining value and the type of data you use to "encourage" the sale..

I always focus on the the potential negatives. Indeed, I often spend more time looking at those than the positives. I take a pragmatic approach to investing. You know there will be positives and negatives. You dont know when and you dont know by how much. You just know they will occur. You then build the portfolio to the level of volatility that the person can accept and understand.

Sorry it isn't a container, container is a convenient label, not what it is.. i haven't argued that the "human construct" can within itself gain or lose value.. Intangible items like pensions have changes in value through complementary processes of tangible and intangible resources. Extraction of value from the construct is based on initial transfer and guess at future power structures..

I'm sorry that you dont understand pensions and investments.

MoreOn

dunstonh wrote: »

I'm sorry that you dont understand pensions and investments.

You appear to understand "practice" not theory, practice is built on theory... I prefer theory... I apologise that you don't understand the philosophical level..

some explanation: if it's not a human construct, who created the pensions and the pension system ... whereas, container is a descriptive term/label that attempts to encompass what is does which is not necessarily what it is

next; where does volatility stem from, historical analysis to understand difference and difference stems from the power to shift/transfer capital around beliefs.. Power is higher order in the pension/investment system