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Remember that much vaunted "Flat Rate Pension" so beloved of our lords & masters?
And you can bet your bottom $ that the amount you get back from the thieves in the pension industry won't match the amount you've lost from SERPS.
As things were an eon or two ago when SERPS came in they only had to match the state pension while you were still contributing. If you dropped out of that scheme that no longer applied of course.
Hands up those who were persuaded to opt out when joining a company pension scheme back in permie days. A scheme that belonged to a company that no longer exists, to boot.
Another niggling thing is that circa 1992/3 I signed up for a pension scheme, stopped it within the cooling off period but in 1994/5 found that the pension thieves were still claiming the opt out sum direct from the govt.
They really are thieves.
Behold the warranty -- the bold print giveth and the fine print taketh away.
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