Losing a Pension Through Incompetence
It is not often that I have ever, or will ever, feel sorry for Fred the Shred but the desperation of politicians to try to claw back his pension is a tad disgraceful.
Gordon Brown’s assertion that he will use legal means to recoup some of the pot if possible is a very dangerous game and one that should be countered by all pension holders. In a year’s time Sir Fred will be forgotten but if a successful legal claim is made against a lawfully agreed pension then this will sit on the statute books forever.
Aside from anything else if Sir Fred can lose his pension for failure or incompetence then ‘Our Gordon’ and ‘Captain Darling’ should think very carefully indeed before going down this route.
More trading thoughts from Simon Denham >> Spread Trading.
For a look at trading RBS >> RBS Spread Betting.
Good Luck!
DB
The above comments do not constitute investment advice Clean Financial accepts no responsibility for any use that may be made of them.
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