Falklands' Pensions Scheme reviewed to include greater option flexibility

Saturday, January 4th 2020 - 09:50 UTC

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The Executive Council has considered a paper on retirement for members of the Falkland Islands Pension Scheme (FIPS), and approved a move towards greater pension flexibility. Read full article

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Think
Ooooops..., Kelpers...

Seems that some financial Wizz Kids want to play games with your pension monies...

Well..., in my experience such “Pension Schemes” always end producing three things...

A little group of ~ 1% that creams off the market...
A slightly bigger group of ~9% that may see their pension payments increase somehow...
A big 90% lump of retired geezers wishing they never ever said yes to such an idiotic scheme...

As the great Clint Eastwood once said...
Are you feeling lucky today..., punk...?
Jan 04th, 2020 - 03:48 pm - Link - Report abuse 0
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DemonTree
I agree. The government in Argentina grabbed the pension funds in 2008, and from what I hear pensioners are not doing too well these days....
Jan 06th, 2020 - 11:52 am - Link - Report abuse 0
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