Anybody got the priviledge of a non state pension to look forward to

If you have, an interesting fact has come to my attention. Did you know that men and women pay the same amount of cash into these schemes.

But come the day, thanks to a bit of ancient legislation written in 1994 quoting statistics fromthat time, that states because women live longer than men they will get a bigger pension for longer

Where does that fit into equal rights and human rights

Damn sure if it was the other way around it would have been changed by now

Now this is a subject worthy of petitioning the government over or do we have any legal boffs willing to go to the European Courts for men and equal rights in the work place  TDV6 - gone
TDV8 - gone
Audi Q5 3.0 Tdi Sline wef 6/11/10

I know what you're saying Josh but the facts speak for themselves - women's life expectancy is greater than man. Remember all these life insurance companies are either member owned or shareholder owned and have to pay for themselves, part of living in a capitalist country. I have no problem with it. 2005 Zambezi TDV6 - Gone but not forgotten
2009 Alaska TDV8 - Gone and much missed.



WINNER - 2009 �Idler Of The Year� Award
Runner Up - 2009 �Just Doing What It�s Designed To Do� Award


DO NOT CLICK HERE!

I'm with you on this one Josh. Equality should be a two-way street: correctly, no male preference allowed in the workplace so no anti-male discrimination with anything else.., INCLUDING SHIELA'S BLOODY FEMINIST WHEELS!!!  MY12 SDV6 HSE Sumatra/Ebony/Piano/Sidesteps/Privacy/Overfinch Olympus/JLR DRLs

If we are going for the whole equality lark I think it's unfair that ..................

No better stop before Brian gets too excited! 2005 Zambezi TDV6 - Gone but not forgotten
2009 Alaska TDV8 - Gone and much missed.



WINNER - 2009 �Idler Of The Year� Award
Runner Up - 2009 �Just Doing What It�s Designed To Do� Award


DO NOT CLICK HERE!

Very Annoyed wrote:

If we are going for the whole equality lark I think it's unfair that ..................

No better stop before Brian gets too excited!

My nurse just said I've gotta watch the blood pressure!

Anyway.., it's ok for you VA as you've already been drawing your pension for the last 20 years!  MY12 SDV6 HSE Sumatra/Ebony/Piano/Sidesteps/Privacy/Overfinch Olympus/JLR DRLs

Josh wrote:

But come the day, thanks to a bit of ancient legislation written in 1994 quoting statistics fromthat time, that states because women live longer than men they will get a bigger pension for longer

I think you'll find the less life expectancy you have the better the annuity rate is. If you smoke you will get a better deal than a non smoker and if you have a medical condition such as diabetes or heart problems you qualify for impaired life rates, so you are best to use your open market option to get the best deal. Of course it goes without saying you should see your friendly IFA!!

Pelyma wrote:

Josh wrote:

But come the day, thanks to a bit of ancient legislation written in 1994 quoting statistics fromthat time, that states because women live longer than men they will get a bigger pension for longer

I think you'll find the less life expectancy you have the better the annuity rate is. If you smoke you will get a better deal than a non smoker and if you have a medical condition such as diabetes or heart problems you qualify for impaired life rates, so you are best to use your open market option to get the best deal. Of course it goes without saying you should see your friendly IFA!!

IFA? Inevitably Falsifies Accounts?  MY12 SDV6 HSE Sumatra/Ebony/Piano/Sidesteps/Privacy/Overfinch Olympus/JLR DRLs

Pelyma wrote:

Josh wrote:

But come the day, thanks to a bit of ancient legislation written in 1994 quoting statistics fromthat time, that states because women live longer than men they will get a bigger pension for longer

I think you'll find the less life expectancy you have the better the annuity rate is. If you smoke you will get a better deal than a non smoker and if you have a medical condition such as diabetes or heart problems you qualify for impaired life rates, so you are best to use your open market option to get the best deal. Of course it goes without saying you should see your friendly IFA!!

Pelyma,

So better annuity rate for men...............so why does that equal less money for a shorter time for men  TDV6 - gone
TDV8 - gone
Audi Q5 3.0 Tdi Sline wef 6/11/10

Josh are you comparing like with like? I don't know of a situation where a woman would get a better deal on a like for like basis. If a woman is the same age, same health, same fund size, no GARs, same company she would get less than the man. I don't do a lot of pension work, IHT is my thing, but I spoke to the head of our annuity bureau to confirm this and the company is the second biggest IFA in the UK now so they do!

Dont talk to me about PENSIONS

Just got two words to say " Equitable Life "


And if any former Directors of "EL" are reading this ...... " I hope your dog dies"


I've found it a lot easier now to simply set fire to my spare cash = at least it keeps me warm ! 
" WITH MORE EXTRAS THAN A HOLLYWOOD EPIC "

Positive Mental Attitude, MDP.... good work!  

2009 Outstanding Contribution Award - Joint Runner Up
2009 'Tech-Head Of The Year' Award - Runner Up

Like it here? Then Donate to RRSPORT!!

Ah ... at least I can attribute something to equitable Life then !  
" WITH MORE EXTRAS THAN A HOLLYWOOD EPIC "

Josh why stress about your pension, when it comes to your payout, someone will have probably stolen it anway  some of my Previous cars
--------------------------------
P38 Range Rover Autobiography
RRS 2.7 HSE Silver
RRS TDV8 HSE silver
FFRR Vogue black
Disco3 HSE silver
RRS 2.7 HSE silver
RRS 3.0 HSE BALTI BLUE
______________________________
current vehicles
RRS 3.0 L494 Autobiography
Audi R8 V10 Spyder
AC Cobra
Landrover Defender 90
Landrover Defender 110
Suzuki Jimney

shmoogle wrote:

Positive Mental Attitude, MDP.... good work!

Cant we tell youve been on holiday for a week  some of my Previous cars
--------------------------------
P38 Range Rover Autobiography
RRS 2.7 HSE Silver
RRS TDV8 HSE silver
FFRR Vogue black
Disco3 HSE silver
RRS 2.7 HSE silver
RRS 3.0 HSE BALTI BLUE
______________________________
current vehicles
RRS 3.0 L494 Autobiography
Audi R8 V10 Spyder
AC Cobra
Landrover Defender 90
Landrover Defender 110
Suzuki Jimney