Pistolpete2

It was in the BUSINESS SECTION as previously stated! Where BUSINESS PEOPLE look for BUSINESS news. In this case Corporate Results.

How can paying out 120 million be good news. The claimants could have claimed 1.2 billion for all we know, and only got 10% of the amount claimed.

There was available content - Aviva had gone through a massive turnaround to make 2 billion in profit as opposed to an almost equal amount of losses but could the paper lead with that? NO!

The media other than the FT obviously, but particularly the BBC, hate the idea of businesses making money and love the idea of losses - you haven't noticed. They also love the idea of bonuses as they can agitate the population by endlessly mentioning them. If Tesco screw up with their overseas ventures, it's Oh Glory!!!!

Shard

Sorry, for some reason I thought you we're male. That makes a bit more sense.

Pistolpete2

When pension age first came up, and it was a severe negative, the penny dropped for me.

Shard

What do you mean by..and it was a severe negative

Pistolpete2

Harvester's state pension age had been raised, causing hardship.

I guess some would say that pension reform makes the UK crap, because some will have seen a significant windfall since reform started about eight odd years ago and the contribution requirement became 30 years (now 35) and there was the option to pay self-employed class 2 conts with time to pay, while others have seen their pension date disappear back over the horizon.

Plus, there will be the unified pension come 6th April 2016 ?? and that is dramatically higher than the amount I am due to receive just two weeks earlier than that on my pension date. We have to wait and see what is in the offing when they come up with the transitional arrangements next Autumn 2015 to counter this issue for those already pensioners at that point.

dunroving

I'm surprised women's pension age wasn't increased years ago, considering they live longer than us men.

[Probably alienated 50% of BE members in one post]

Shard

And for the married women they are able to rely on husbands income too. It is a bit odd.

Editha

I'm 61 now, and my state pension, that for most of my adult life I expected to receive at 60, has been deferred until I'm 62 and six months. But, I'm still getting it two and a half years earlier than a man. I can't see that I have anything to complain about. It is certainly not a reason to say that Britain is crap.

rebs

The increase in pension age for women does accelerate quite rapidly though... my eldest sister is 60 (turned 60 last September). She is not really much younger than you (a matter of months) and she also, for most of her adult life, expected to receive her pension at 60. However, she will have to wait until she is 64 years and 5 months - so pretty much 65.

bigglesworth

The changes to a woman's State retirement date were the result of sex equality rulings twenty years ago from the European commission.

NOT the UK

Simultaneously, the amount that a man could receive from a private pension was reduced with immediate effect.

The change was announced in May 1995 to be phased in over an eight year period from 2010.

Editha

I agree. My sister-in-law is in the same position. I was surprised at how much later she gets her pension when she is only two years younger than I am.

Nevertheless, I still can't see that there is much to complain about. It is not as if women have paid higher contributions to get the earlier pension.

Simon Legree

The biggest joke of all is that my wife, who is Canadian and has never worked in the UK or contributed to the state pension scheme, gets 60% of what I get !

Pistolpete2

Never really thought about that:

The Brits who got it never had to work or contribute anything either.

considered here (FORE!)

https://www.gov.uk/government/upload...ntitlement.pdf

soon to be taken away, prospectively!

'If the current arrangements were left in place, as is already evident in the case of married men, the majority of those benefiting in the future are likely
to be people living overseas with little or no connection to the UK who happen to be married or in a civil partnership with someone with a UK contribution record. The Government’s view is that this expenditure is better directed at improving the pension outcomes of people – particularly women – in the UK through the single-tier pension. '

luvwelly

Also never seen a poo tree.

bandrui

I don't get it You're the one who started this thread!