Are you happy with your pension provider if you are with Norwich Union?

  • Thread starter Thread starter Helen S
  • Start date Start date
H

Helen S

Guest
Under the new system of 'lifestyle' rates being introduced by NU someone with the same £35,000 private pension investment with the company who smokes, is single, and who lives is a less wealthy neighbourhood, will receive several hundred pounds a year more than those who do not smoke, are married and who live in a wealthier area! The smoking and marriage calculation will become effective in November. Spokesperson Cheryl Cox said 'it's important that people realise that it isn't always the more affluent on society who get the best rate'! And here is the killer crunch - 'but everybody gets the same pot', she said. People who were adjudged likely not to live as long would simply get more during the years they were alive than those who were 'slightly better off' and so likely to live longer.
God help them - my mother has smoked since she was 14, is now 82, smokes around 30 a day (unfiltered) and is as fit as a fiddle - her mother lived to be 105! Guess who has her pension plan?
What about the burden on the rest of us having to pay for treatment for various diseases which most who do or have smoked end up with?
It's still not fair - we have a double whammy here, whilst these people are making themselves ill through smoking we have to support them through the NHS also!
Too true! Careful, don't get too excited we don't want any mishaps!
Oh God! Susanshusband - this might be the way to kickstart the housing market!
 
All of us with an NU pension should move to poorer areas with low life-expectancies - that would screw their plans!!
 
That's not fair. So people who look after their health are penalised for their longevity. Perhaps you should take up dangerous sports, smoke, drink heavily and have a diet high in saturated fats and rake in the money.

At least you have the better lifestyle anyway - I'd prefer to live in a wealthy area with a strong marriage and good health and a little less pension than live on my own with smoker's lungs!

:-)

EDIT - what's even worse is all the money that goes into the anti smoking campaigns, be them on TV, radio and leaflets. Yet if the smokers did stop smoking there'd be such a deficit in taxes that we'd end up footing the bill.

Just let them harm themselves and keep paying the duty. They certainly shouldn't receive better pensions based on their probable early deaths though. It just gives them more to spend on fags!

If you mean the imminent birth, then I'm trying my best to get excited and bring on labour! She's a lazy baby who seems to comfortable where she is, and can't even be bothered to engage her head. Lol
 
Back
Top