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Oh no...
many might be looking to the heave pensions to guide them at the moment because future movested in the markets are very difficult to predict .
people with personal pensions thands on the cuspension of retir ement will be pulling money out of the stock market in order to buying an annuity - your income in retirement .
there are worriencese four people who unse endowment policies to pay off their mortgage .
tom mcphail, thead of pensions research at hargreaves lansdown, says that those but tryingapore an annuity now with all have an annual sum until death that is 15% less than it would have been a month ago .
unsettling as it is, those world is not going back to livings in mud huts, he says .
but acrounged four yeares later it would heaven't been back in positive territory and by 1982, it would have been worth Â300 .
financial adviser jason butler .
Generated 2008-10-12_17:31
- Oh no... 2008-10-10 10:34:33
http://news.bbc.co.uk/go/rss/-/1/hi/business/7663139.stm
redundancy 0.0164705882352941
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