Jump to content
Wanderers Ways. Neil Thompson 1961-2021

Recommended Posts

Posted
20 minutes ago, Tonge moor green jacket said:

It isn't 8/12 years on.

Check your maths.

At least base your usual obtuse, sarcastic comments on reality.

8 years 5 months, July 2016...

  • Site Supporter
Posted
51 minutes ago, Tonge moor green jacket said:

It isn't 8/12 years on.

Check your maths.

At least base your usual obtuse, sarcastic comments on reality.

Surely 5 years is enough time to come up with something?

Posted

Chancellor Rachel Reeves is planning what she calls the "biggest pension reform in decades" in an attempt to boost economic growth.

The government wants to merge the UK's 86 council pension schemes and spend the proceeds on Bitcoin.

  • Moderators
Posted
1 hour ago, Sweep said:

Blimey, is have thought that's a bit of a risky strategy, let's hope it pays off

what do you think is risky?

 

im sick of hearing how canadian pension funds own half the fucking UK

Posted (edited)
33 minutes ago, Casino said:

what do you think is risky?

 

im sick of hearing how canadian pension funds own half the fucking UK

I assume that crypto is incredibly turbulent and still an element of unknown. Clearly winners in it but I suspect plenty of losers.

Apologies I thought it was in response to the crypto shout.

Edited by tomski
  • Moderators
Posted
1 hour ago, tomski said:

I assume that crypto is incredibly turbulent and still an element of unknown. Clearly winners in it but I suspect plenty of losers.

Apologies I thought it was in response to the crypto shout.

:)

 

Posted
4 hours ago, Sweep said:

Blimey, is have thought that's a bit of a risky strategy, let's hope it pays off

new pension “mega funds” will not be obliged to invest in UK businesses or infrastructure. - That is a quote from the article Boby linked to. 
 

Just to be clear there is no obligation on the investment to be UK based, clearly Govt will hope they will and I daresay there will incentives to do so.

At the moment Pensions have to keep £bns in cash or very safe funds, the idea is to increase the % that is actively managed, over time this will lead to better returns. Blips along the way but same with any investment. At the very least it will free up money that is currently tied up. Clearly if they invest in racehorses, HS2 and football clubs might come back to bite us. But in the City we do have the leading Investment businesses in the world so is a sound idea. Previous Govt was planning to do this but got caught up with Brexit, three word slogans , holding parties and lying to Parliament. 

  • Site Supporter
Posted
On 14/11/2024 at 08:56, Tonge moor green jacket said:

It isn't 8/12 years on.

Check your maths.

At least base your usual obtuse, sarcastic comments on reality.

 

On 14/11/2024 at 09:48, Cheese said:

Surely 5 years is enough time to come up with something?

 

200w.gif?cid=6c09b95249jj1zz5j7b4xn13q6c

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.