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Forecasts

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Wednesday
Posts: 143
Joined: 12 Mar 2010, 16:40
Gender: Male

Forecasts

Post by Wednesday »

I have tried to digest all the recent pension info I have been sent lately,and the bit that worries me is if it is so good why are the forecasts done on a £25000 salary or above?A full time postie in my office is on just over £21400 and most people and new starters who it will affect most are on 25 hours and are on just over half of this.If forecasts reflected true salaries I think our younger members would be in for a shock or am I missing something?
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Forecasts

Post by arnold cheshire »

To make it look good when it's probably not
Danelectro
Posts: 1058
Joined: 13 Apr 2008, 01:02

Forecasts

Post by Danelectro »

We are in the middle of what some economists are calling the slow crash.Any forecasts that say the investments in the new scheme will give a wage in retirement of this amount or that amount need to be taken with a pinch of salt.