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Energy #754972
08/09/22 05:48 PM
08/09/22 05:48 PM
Joined: Apr 2014
Posts: 6,433
Renfrewshire
BobtheTrain Offline OP
Talk Morgan Sage
BobtheTrain  Offline OP
Talk Morgan Sage

Joined: Apr 2014
Posts: 6,433
Renfrewshire
Goodish news about the utilities cap but where do they get their figures from? Quote:

Helen Morrissey, senior pensions and retirement analyst at the investment platform Hargreaves Lansdown, said gas and electricity bills will eat up a big chunk of pensioners’ incomes. “The average income for a pensioner couple is around £5,111 a week so even at this new level some pensioners could see fuel bills taking up almost 10% of their income.


Best Regards
Lang may yer lum reek
Re: Energy [Re: BobtheTrain] #754976
08/09/22 05:53 PM
08/09/22 05:53 PM
Joined: Mar 2009
Posts: 10,183
Hampshire
Alistair Offline
Smile, it confuses them
Alistair  Offline
Smile, it confuses them
Member of the Inner Circle

Joined: Mar 2009
Posts: 10,183
Hampshire
She was probably referring the the state pension for ministers.


Everyone loves a Morgan. Even me, unless it's broken again.
Re: Energy [Re: BobtheTrain] #754977
08/09/22 05:56 PM
08/09/22 05:56 PM
Joined: Dec 2009
Posts: 32,075
Devonshire
+8Rich Offline
Tricky Dicky
+8Rich  Offline
Tricky Dicky
Member of the Inner Circle

Joined: Dec 2009
Posts: 32,075
Devonshire
So that's £265,772 pa just to get this clear - well I have three index linked pensions but that is in a slightly different league to mine rofl


Regards Richard

1999 Indigo Blue +8
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Re: Energy [Re: BobtheTrain] #755040
09/09/22 06:27 AM
09/09/22 06:27 AM
Joined: Aug 2020
Posts: 1,309
Lytham St Annes, Lancashire
J
JohnHarris Offline
Has a lot to Say!
JohnHarris  Offline
Has a lot to Say!
J

Joined: Aug 2020
Posts: 1,309
Lytham St Annes, Lancashire
I must have got it wrong somewhere, I blame my career's advisor, I don't recollect him mentioning any career with such a generous pension scheme. Don't forget the £265k will most likely be after income tax, so gross pension could be closed to £450k pa.

Whilst it is immediate good news with a cap, it seems they are merely spreading the peak cost of the next couple of years over the next 15 years, so whilst immediately lower bills we will be pay more than we would have for the other 13 years or so of the deal to allow them to claw the peak costs back. Hopefully its enough to stop these continuous almost self fulfilling press coverage of the impending recession.........we need confidence in our ability to weather this storm and keep spending our way out of it, than continuously looking down a barrel of doom and gloom.

Last edited by JohnHarris; 09/09/22 06:35 AM.

John
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Re: Energy [Re: BobtheTrain] #755051
09/09/22 07:51 AM
09/09/22 07:51 AM
Joined: May 2014
Posts: 4,392
Essex
Burgundymog Offline
Black Rat
Burgundymog  Offline
Black Rat
Part of the Furniture

Joined: May 2014
Posts: 4,392
Essex
I moved house last December and opted for a 2 year fixed deal, boy am I glad.


Keith
2013 narrow bodied + 4 Ruby.
Re: Energy [Re: BobtheTrain] #755085
09/09/22 11:50 AM
09/09/22 11:50 AM
Joined: Aug 2011
Posts: 2,581
Derby
P
PhilRoyle Offline
Talk Morgan Expert
PhilRoyle  Offline
Talk Morgan Expert
P

Joined: Aug 2011
Posts: 2,581
Derby
I thought my teacher`s pension was good - but I must be in a different league. Is this Jacob Reese-Mogg`s weekly pension I wonder?


2010 4/4 sport - le mans green
Re: Energy [Re: PhilRoyle] #755086
09/09/22 11:59 AM
09/09/22 11:59 AM
Joined: Apr 2014
Posts: 6,433
Renfrewshire
BobtheTrain Offline OP
Talk Morgan Sage
BobtheTrain  Offline OP
Talk Morgan Sage

Joined: Apr 2014
Posts: 6,433
Renfrewshire
Originally Posted by PhilRoyle
I thought my teacher`s pension was good - but I must be in a different league. Is this Jacob Reese-Mogg`s weekly pension I wonder?

I've somewhat fallen out with my gardener's dad. I said my dad was a head gym teacher and he said - "Ah! Not a real teacher, then". My dad went to Jordanhill like the rest of the teachers.


Best Regards
Lang may yer lum reek
Re: Energy [Re: BobtheTrain] #755270
11/09/22 11:17 AM
11/09/22 11:17 AM
Joined: Jan 2009
Posts: 5,631
H
howard Offline
Charter Member
howard  Offline
Charter Member
H

Joined: Jan 2009
Posts: 5,631
Decimal point in the wrong place. The stats office say " The average pensioner family received £556 a week in total income before deductions (‘gross income’)"


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