Lloyds Banking Share Discussion Threads

[shy tott] 12/6/2019 10:42

Well the pensions lot apologised two weeks ago for miscalculating pension forecasts and sending them out knowing they were wrong! It's been all over the web and is still running in the Mail. If you are about to retire and you've been contracted out, expect less than any forecast you've had - at least that would be prudent!

[grahamite2] 12/6/2019 10:31

If you ask for a pensions forecast from the official pensions lot, they give work it out not taking anything off for the contracted out.

If you say so then this must have been the case once. But it isn't with a modern online state pension forecast, which gives you chapter and verse on a year by year basis going back to the year dot.

One forecast I did showed the soon-to-be pensioner quite well down on the full state pension owing to contracting out in the 80s. That shortfall is now being addressed and will be made good in two years.

These modern forecasts are actually a bit creepy, seeing your life laid out before you going back to age 16.

[maxk] 12/6/2019 10:27

Oldsters will be thrilled to read this and find out where the money is going..

[grahamite2] 12/6/2019 10:24

The greengrocers' apostrophe has been a phenomenon known for many decades!

[shy tott] 12/6/2019 10:20

Graham, because now you have to have 35 years of ni credits for the full pension, plus not haave been contracted out.

If you ask for a pensions forecast from the official pensions lot, they give work it out not taking anything off for the contracted out. When the pension actually comes, then they work it out taking off any contracted out deductions. There's a lot of concern (started by a very awkward friend of mine) at the moment. Many seem to treat the forecast as gospel, and are annoyed when their actual pension is much less!

[minerve 2] 12/6/2019 10:19

I agree Shy. We should all strive to protect decent grammar and English. Mine is appalling and I am happy to accept instruction and teachings where necessary. My only annoyance is when others simply use it as purely a means to discredit a person or quickly change the subject.

I'm off to make some coffee's

LOL

[grahamite2] 12/6/2019 10:10

Shy Tott, I voted up your post on pensions which is absolutely on the money - except for one thing. I don't know why you would think very few people who have made provision for their retirement would get 100% of the state pension. One way and another I have been doing a lot of state pension forecasts lately and all show 100% entitlement already or soon to come - all, including my own!

[grahamite2] 12/6/2019 10:04

gotnorolex 12 Jun '19 - 09:55 - 261179 of 261180

This is a sad state of affairs...which goes back to the dawn of elections and has never changed and will never change.

[mr.elbee] 12/6/2019 10:03

exactly....and in London the only alternative to this cushy lifestyle is crime.

[fatnacker] 12/6/2019 09:55

careful, how will the angry EU (lol) get tough exactly? they couldn't possibly treat the UK with any more contempt than they are already, surely your'e not suggesting they'll boot us out?

[gotnorolex] 12/6/2019 09:55

Verbatim from an article, link not copyable!
Former cabinet minister David Mellor stated in reference to the court case involving Boris Johnson that it is quite normal for politicians to exaggerate and say things which are not true at election times.
This is a sad state of affairs which indicates seats won and policies determined that could be based on nothing more than a pack of lies.

[crossing_the_rubicon] 12/6/2019 09:53

Well I wont be paying any TV licence as I use Now TV, Netflix and Amazon prime for my TV delights.

Last time I watched BBC2, BBC4, CH4, CH5 must be about 10 years or so ago.
BBC1 - cant remember.At least 5 years.

Given I'm forking out for cable tv, BT Sport, and the above 3 (Neflix,Now n Amazon) and dont even use terrestrial television why should I have to pay a licence fee?

And the salaries of BBC staff are outrageous.
As is their bias.

[minerve 2] 12/6/2019 09:37

Any tool can make a few bob out of gifted state assets and residential property over the last 3 decades.

That doesn't make you a smart person. Just another chimp riding the surf.

[minerve 2] 12/6/2019 09:35

Me thinks he lives in a bubble....

I think you have a strong sense of self-entitlement and self-interest that is not deserved neither earned.

What did he do to acquire his fortunate position I ask?

You'll get no reply.

[maxk] 12/6/2019 09:35

But are you as wonderful as Minny?

[grahamite2] 12/6/2019 09:32

I am indeed a wonderful person. No role playing about it!

[alphorn] 12/6/2019 09:30

Parliament can say it's illegal, but it doesn't matter.

There are other mechanisms.

[minerve 2] 12/6/2019 09:29

Take away £1000 give back a £1.

[minerve 2] 12/6/2019 09:28

grahamite2 is now playing the role of the wonderful philanthropist capitalist.

How sweet. Gates would be ever so proud.