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      12-26-2012, 10:42 AM   #29
First Lieutenant

Drives: 911 C2S & '118D
Join Date: Jan 2012
Location: Kent & London

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Live fast, drive faster die In a fireball on the nurburgring = no pension needed.

Only trying to lighten a complex subject.

I don't know much about pensions but..

At the company I work for every person than was 'secure' in the final salary pensions all received a letter about 2 weeks ago forcing them onto an average salary pension. How this is possible I don't know?

Pensions on the face of it seem overly complex and full of danger. I don't like the thought of entrusting someone else to look after my money for 35 years. I know a bank is 'someone' else looking after your money but its different as you have immediate non contractual access to it.

For me pensions and long term investments are not something I will be paying much mind to until I'm 30. It will probably be investment into property anyway.