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With interest rates as low as 0 % and stock markets heading lower ,how will your pensions perform ?Possibly minus 10% of your pension contributions to keep the your fund manager in business.
With interest rates as low as 0 % and stock markets heading lower ,how will your pensions perform ?Possibly minus 10% of your pension contributions to keep the your fund manager in business.
Good point,
With pension scams in the news, and law suits all over the industry, this is just the tip of the iceberg on scams who were using word pension in its name. Real pensions are in dire condition, so you can only imagine that all the scams will destroy what little faith remains in any pension. Just watch when GM goes under, people will learn that pensions are worthless in this kind of economic meltdown.
THE BIGGEST CON ARTISTS ARE THE GOVERNMENTS AND THE STATE PENSION SCHEMES.More than half the pensioners in Britain today are entitled to means-tested benefits.British state pensions are no longer means tested .
For years, 70-year-old Bernard L. Madoff was the envy of Wall Street for his financial prowess and legendary investing aptitude. Now, the notorious hedge fund manager and former chairman of the NASDAQ Stock Market will be known for something else: felon.
For years, 70-year-old Bernard L. Madoff was the envy of Wall Street for his financial prowess and legendary investing aptitude. Now, the notorious hedge fund manager and former chairman of the NASDAQ Stock Market will be known for something else: felon.
That just goes to show everyone who the real scammers are, the BIG BOYS, and who allowed them to screw the public, you guessed it, Uncle Sam. lol
Pension scam
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