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Jarvis was a boomer then (depending on your definition of boomer)..! You missed out some lines, by the way, and what you did quote is taken out of context.

What would scare me is sequence of returns risk. You retire, then immediately you have several bad years where your pot loses value. Understanding Sequence of Returns Risk

This has happened to a few of my colleagues who pay into the additional voluntary contributions section of our pension. The "Lifestyle" option used to progressively move the pot from a growth fund to a deposit fund (ie cash) over your last 5 years of work, which left you with 10% growth/90% cash on retirement. However, the funds were re-organised last April, and one little detail was that funds were put into bond funds rather than cash. This little change, by my estimate, has cost some colleagues almost 30% of their AVC pot. As they are planning to retire this year, there's no way they can get that back.

Here's another version: What was the real reason for the Bank of England's gilt market intervention?

That article is from two years ago - 17 April 2015.

Shut down now. Chimney was demolished one Sunday morning several weeks ago.

Hi, Is anyone following Westbury or surrounding areas? It looks like I'll be getting a work transfer there from Bristol, and I'm weighing up whether to rent or buy (max. £180,000 - 2/3 bed houses). My plans at the moment are to retire in around 8 or 9 years time and then move back to the East Midlands/South Yorkshire. I don't know much about the area, other than Westbury itself seems to be dull but bearable. Any insights gratefully received.

A lot of agents down here issue s.21s to limit your AST to a fixed period (eg 1 year), rather than allow the AST to go periodic. They may not necessarily want you out, and may ask if you want to renew the tenancy for another period. It's simply a way of screwing more fees out of you.

So much for "78% chance of a cut".

Will this go global, or is it a case of the UK's loss is the rest of the world's gain?

Doesn't the index linked real return assume future inflation (RPI) of 3%? You could get a positive return if RPI stayed below 1.6 %.

Another seagull politician flies off into the sunset, leaving everyone else's chips covered in sh!t.

For me it's Vanguard, because it's structured as a mutual. Their ongoing costs are usually competitive compared to equivaent funds, and the information sheets provided for each fund seem to be a lot more useful than some of their competitors, especially in terms of historical data and analysis. As far as I can tell, money in a fund would count as an investment for the purposes of the FSCS, so you would have up to £50,000 protected if any one organisation went t!ts up.

But if you tell some people that, they tell you you're a "victim".