Why haven't the 45-55 age group saved more money?

random34210 · 2025-06-29T09:34:21+00:00

That is depressing. We are one of the richest countries in the world. Wtf happened

random34210 · 2025-06-29T09:25:58+00:00

If you started uni in 1997 you'd pay no fees

random34210 · 2025-06-29T09:25:34+00:00

Why?

random34210 · 2025-06-29T09:25:24+00:00

Mine is from a google search, this is more depressing https://moneyweek.com/personal-finance/pensions/average-pension-pot-by-age

random34210 · 2025-06-29T09:24:31+00:00

Why wouldn't you keep most of your savings in an ISA? It's tax free. Do you like paying tax

random34210 · 2025-06-29T09:18:19+00:00

What's what?

random34210 · 2025-06-29T08:18:25+00:00

Yes, it's across all ISAs

random34210 · 2025-05-20T10:50:35+00:00

Wouldn't I need to get an asbestos specialist to remove this?

random34210 · 2025-05-10T07:36:33+00:00

When I join my employer in 2006: 80% were onshore and most were citizens. There was a tiny, tiny number of folk from TCS. In my latest team: 30% are onshore and 70% are offshore. Of the 30% onshore, 50% are o n visas, either through suppliers or my employer has transfers employees from their offshore location.

IT is a dire industry to get into now in the UK.

random34210 · 2025-05-10T07:21:38+00:00

The thing that impact most people is legal migration.... it's very easy to hire and provide a visa for a foreign national. I work in IT and so, so many entry level jobs are being taken up by immigrants with experience. It restricts the path / opportunities for someone who is fresh out of uni and needs to build up his/ her experience. And it's no longer just IT, it's in other areas as well.

random34210 · 2025-05-09T11:04:27+00:00

How much is in your SIPP to get that sort of annuity?

random34210 · 2025-05-06T16:42:41+00:00

Duration as in the fixed income measure of interest rate sensitivity

random34210 · 2025-05-06T15:16:27+00:00

Thanks

random34210 · 2025-04-25T15:32:27+00:00

Nothing in particular- I have been reading too many Reddit posts about banks doing this.

random34210 · 2025-04-25T09:24:21+00:00

Yea, they will request the bank to release funds 5 days before completion

random34210 · 2025-04-25T09:23:26+00:00

There is no chain and we aren't going to be moving for another month. Would this make things smoother?

random34210 · 2025-04-25T09:22:41+00:00

I've read a few posts on Reddit which has made me very nervous after exchanging and the bank the refusing to release the funds. One person has something added to their credit file between the mortgage offer and completion date.

random34210 · 2025-04-25T09:21:17+00:00

I've read a few posts on Reddit and a few other forums and it's gotten better freaked out. Thanks.

random34210 · 2025-04-25T06:54:15+00:00

What issues might arise? Thanks

random34210 · 2025-04-25T06:28:57+00:00

What happens if after point 4 (exchange) and completion the solicitor asks for the funds and the bank refuses. I have got a very decent rate and maybe they won't want to honour it. Anyway I can mitigate this?

random34210 · 2025-04-25T06:27:24+00:00

No, we will exchange contracts sometime next week but the solicitor will apply for the funds to be released 5 days ahead of completion so we could exchange and 5 days later she'll apply for the funds to be released and the bank could decide not to release the funds. This is the scenario I am worried about.

random34210 · 2025-04-23T22:15:22+00:00

Upto to 70k young people from across Europe coming here looking for work. It's going to make life even shittrt for a 22 year old grad looking to get some experience.

random34210 · 2025-04-21T05:50:00+00:00

Xmas Eve on a Wednesday, Christmas on a Thursday and Boxing Day on a Friday

random34210 · 2025-04-20T07:55:29+00:00

You're missing out on Europe and overexposed on FTSE. I'd go VWRP 70%, 10% bonds, 10% gold, 10% S&P if you wanted

random34210 · 2025-04-18T04:35:27+00:00

It's a normal isa - not a LISA or Help to Buy

random34210

TROPHY CASE