Poll: Fss V Ppp

Retired_I.F.A.

When we finally get equal pay in this country in law giving those who pefer thei own personal pension to a final salary scheme of their employers a fair employers contribution to the personal pension which would you choose?

I suspect most members of this forum are so blinkered by the so called "gaurentee" they would opt for the FSS regardless. lets see eh?

EdInvestor

What do you mean by "fair" ?

If the option was PP with the same employers' contribution, I'd go for it.But in most cases the employer's contribution into a PP type pension will be well under half what it puts into a final salary scheme.

And that's before you even think about the guarantees.

People are not stupid, they know that f/s schemes are being canned because the replacement is much better for the company and much worse for them.

Retired_I.F.A.

By Fair I Mean A Percentage Of Ones Salary That Is Reviewed By A Government Actuary Say Annually So As It Reflects That Contribution Needed Under The Assumptions Of Said Actuary To Provide The Fss . Thus In Lean Investment Times A Bigger Payment And In Good Times Lower Or Even Non.

Andy_L

Retired_I.F.A. wrote: »

When we finally get equal pay in this country in law

and is that likely to happen anytime soon now?

Retired_I.F.A.

who knows, Pensions were deemed a part of pay years ago by the European courts but everyone here but me seems to think it's "free money" maybe when that stupid attitude changes they'll vote for a government that gives us all true equality.