Spardo:
Tourist rates then.Hardly a good basis for feeding a prejudice, donāt you think? After that transfer in 2016 I hung on for 10 months before, with rapidly dwindling resources, diving in again at ā¬ 1.14 this year.
Try looking at december 2008 bank of england rates dropped to 1.02 to the pound at one point
Spardo:
gingerfold:
And to those ex-pats worrying about their pension investments, well I say to you that you have absolutely nothing to worry about. I have a SIPP and control my own investments. Now I know three eighths of nothing about investing in funds, apart from a bit of research. One month ago I did a drawdown to pay for my recent holiday in the USA, and in the intervening month the amount I drew out has already been made good. My pension pot has grown by a very worthwhile amount already this year thanks to all the Brexit āuncertaintyā.I have no idea what a SIPP is and even less about drawing down anything. The bulk of my pensions are British based and paid into my British bank account. I then wait for a suitable rate of exchange, if I can afford to, and then transfer to my French account. The only thing that affects that is the exchange rate. And that is almost 22% down since the Brexit vote.
I didnāt expect anyone to vote one way or the other to protect my pension, but someone did ask earlier, and you have just now shown that you werenāt aware of it. Thatās all.
I donāt know what the difference is between the average wage in Britain and the average unemployment benefit, but, that aside, I doubt if anyone would be happy to recieve a 22 % drop in their income.
Hardly
absolutely nothing to worry about
SIPP is Self Invested Personal Pension, so in 2012 I took any employers pensions funds accrued I had, plus my own personal pension out of the financial companies who managed those funds and invested them myself into investments that I have total control of where the money is invested. I can move money from one fund to another daily if I want to. At the time I did it annuity rates were very poor (they still are) and I also donāt have to pay fees and charges to the institutions that manage pension funds. I can understand the UK State Pension being reduced in accordance with exchange rates, for ex-pats living abroad, but that is a decision and risk that you have taken, Brexit or not. Exchange rates have always fluctuated. I donāt have as much as Ā£1 invested in any European funds.
gingerfold:
SIPP is Self Invested Personal Pension, so in 2012 I took any employers pensions funds accrued I had, plus my own personal pension out of the financial companies who managed those funds and invested them myself into investments that I have total control of where the money is invested. I can move money from one fund to another daily if I want to. At the time I did it annuity rates were very poor (they still are) and I also donāt have to pay fees and charges to the institutions that manage pension funds. I can understand the UK State Pension being reduced in accordance with exchange rates, for ex-pats living abroad, but that is a decision and risk that you have taken, Brexit or not. Exchange rates have always fluctuated. I donāt have as much as Ā£1 invested in any European funds.
Yes. I looked it up after posting, but you do have to have some good knowledge of the markets and just as importantly, the time and wherewithal to manage them on a daily basis. Not something my life on the road has ever afforded me.
As far as accepting risk is concerned, of course that is what most of us do one way or the other in life. You included, even a daily market watch can catch you out one day with disastrous consequences. I did invest some windfalls in the 80s, I suppose it was, and thankfully came out on top, but got my fingers burned twice when companies went belly up quite suddenly, and I decided enough was enough.
European funds? You might be well advised to look more favourably in this direction. When this whole Brexit mess is sorted out, I donāt think it will be to Britainās advantage. Quite the contrary. If I was investing myself, it wouldnāt be northwards across the Channel. 
Good morning all,
This was sent to me by an āoldā friend living in France for 13 years now.
I wonder how true it is and can anyone prove there answer ā ā ?
HRS:
Good morning all,
This was sent to me by an āoldā friend living in France for 13 years now.
I wonder how true it is and can anyone prove there answer ā ā ?
Without looking into the truth of the figures, can I ask, which particular āinconvenient truthā?
Referring to the values different NATIONAL Governments place upon their pensioners, maybe?
HRS:
Good morning all,
This was sent to me by an āoldā friend living in France for 13 years now.
I wonder how true it is and can anyone prove there answer ā ā ?
When was this, precisely? Unless we know the exchange rate at the time (as all those 3 continental countries share the euro) we canāt possibly know.
I find it unlikely that the Spanish come out on top though, as it is only in the last year or 2 that their drivers have been able to afford French routier prices. Purely from personal observations you understand.
Mind you, if their parents are so rich, how come there are so many of them dragging up and down the N10? 
Franglais:
Referring to the values different NATIONAL Governments place upon their pensioners, maybe?
And allow them to vote too, Franglais. 
Pension payouts will depend largely on what is paid in, be it Gov or Private schemes.
In the UK the State is, through a political choice, paying out less to pensioners. That is why we now have compulsory enrolment in company schemes etc. Maybe those countries who pay out more in taxes take more from their workforces?
A simple headline figure is a pretty useless thing after all.
Check out this link for a little background,
theguardian.com/money/2017/ ā¦ ed-country
Spardo:
Over the past four years the pound has been worth on average :2014 - ā¬ 1.23
2015 - ā¬ 1.33
2016 - ā¬ 1.31
2017 - ā¬ 1.14 (after the 2016 referendum)
Strange how you seem to conveniently only want to limit your comparison to the last 4 years. When weāve been in the EU since 1973.Nothing new in lying remainers trying to use rigged figures as part of their project fear.So how do you explain the 1.1 rate of 2009 and surely a comparison of the value of the pound before we joined the EEC/EU also matters,if EU membership is supposedly the deciding factor in the value of the pound ?.
Franglais:
Without looking into the truth of the figures, can I ask, which particular āinconvenient truthā?
Referring to the values different NATIONAL Governments place upon their pensioners, maybe?
More like an inconvenient truth of austerity imposed here at home to pay for EU spending.While if the EU is supposedly so good for us then surely it would want to impose an EU standard pension for all.It seems strange how it hasnāt chosen to do so.Along with an EU minimum wage and a harmonised taxation system.
Thanks Franglais and Spardo.
Obviously I dont know if this is fact or fiction, my brain says fiction but my man in france says he has every reason to believe itās true " no proof " though.
I will send it off to another pall in Mojacar, Spain and await his reply but I cant see Spain being that good.
most countries base pensions on contributions over a given time I am sure.
Harvey
Harvey just a point, today I had a lady a senior citizen to boot call for eggs and I mentioned you figures on pensions and she told me she had worked in Germany for quite a while and they paid considerably more into pension funds and also the companies as well, as franglaise has said what gets paid out is reflected in what is paid in, cheers Buzzer.
PS this thread certainly keeps the discussion going did not expect it to still be going but then I thought when we got the OUT vote we would be gone and well down the road of independence by now, I live in hope that we will one day be free.
Buzzer:
Harvey just a point, today I had a lady a senior citizen to boot call for eggs and I mentioned you figures on pensions and she told me she had worked in Germany for quite a while and they paid considerably more into pension funds and also the companies as well, as franglaise has said what gets paid out is reflected in what is paid in, cheers Buzzer.PS this thread certainly keeps the discussion going did not expect it to still be going but then I thought when we got the OUT vote we would be gone and well down the road of independence by now, I live in hope that we will one day be free.
Youāre already free, Buzzer, you just donāt know it. 
Give it couple of years or whatever it is to the end of the process, and then youāll know the difference. 
PS, Iām sure Franglais appreciates you changing his ā ā ā .
That figure of Ā£141 per week as the maximum UK state pension is incorrect. Over the years there were several ābolt-onsā that could increase oneās state pension, plus it is earnings related over the 40 years that is used to accrue a pension. Iām a single man and my state pension is Ā£186 per week, still well behind other EU countries pensions, but it is what it is.
Anyway, it looks as if this next week is going to be absolutely critical to the Brexit programme. According to the Daily Telegraph, a pro-Brexit newspaper, there are several strands of the argument coming together that could result in the remainers getting there way. I cannot explain it all because most of the article I read was above my head. Also, there is a march planned for next Saturday in London where all the disparate Remainers groups have joined forces to try and force the Governmentās hand into granting a second referendum. George Soros is funding the campaign to the tune of Ā£1.3 million and his allies include Blair, Mandelson, and Dominic Grieve to name but three. an interesting couple of weeks is in prospect
gingerfold:
Anyway, it looks as if this next week is going to be absolutely critical to the Brexit programme. According to the Daily Telegraph, a pro-Brexit newspaper, there are several strands of the argument coming together that could result in the remainers getting there way. I cannot explain it all because most of the article I read was above my head. Also, there is a march planned for next Saturday in London where all the disparate Remainers groups have joined forces to try and force the Governmentās hand into granting a second referendum. George Soros is funding the campaign to the tune of Ā£1.3 million and his allies include Blair, Mandelson, and Dominic Grieve to name but three. an interesting couple of weeks is in prospect
Havenāt read that, Gingerfold, but canāt see it myself. I think the only way things will change (ie no Brexit at all) or stay the same but with a vastly weakend Brexit (the worst of all worldās) is if one party was to get united in a General Election and win, one way or the other.
Seems to me that the reason that both main parties are so hopelessly split is because, the country itself is hopelessly split, and perhaps Parliament does reflect the true views of the electorate after all.
Knowing this is a bit off piste as they say what chance is there of a smooth passage to the will of the people who voted to exit when you have ministers like Sir Cristopher Chope blocking a mandate to make " upskirting " a criminal offence, this is the problem with our government system too many tossers trying to derail the will of the people in affairs that should be straight forward, bet the dirty 71yo git goes round Dorset with his Brownie Mk3 snapping up the skirts of the unsuspecting then goes home and self gratifies to see if heās hit the jackpot, Buzzer
PS sorry franlais.
Buzzer:
PS sorry franlais.
No offence taken, of course.
But I do remember you owe me a cup of teaā¦Aint saying Im tight, but it was in the canteen for the Stena Normandieā¦
I donāt know where they came from but I can absolutely state that the figure given for the state pension in Spain that Harvey has posted is a mile off.
I get 50% pension paid from Spain and 50% from the UK. The Spanish pension is, allowing for exchange rate fluctuations, around 15% better than the UK one and, of course in line with the payment of wages in Spain, is paid 14 times per year.
David.
Spardo:
Seems to me that the reason that both main parties are so hopelessly split is because, the country itself is hopelessly split, and perhaps Parliament does reflect the true views of the electorate after all.
No if parliamentary vote was ever the way to settle giving the country away to a foreign power we obviously wouldnāt have needed any referendum either in 1975 or now.
While itās clearly all about the fact that the remainers only ever intended to honour a remain referendum vote and therefore seal us into the EU zb pile on the basis of oh look we have a referendum ( aggregate ) based mandate which obviously trumps a parliamentary vote.While using the fall back position of going back to the constituency ( concentration ) based vote count,which they know Leave canāt possibly win,in the unlikely event that they lost the referendum vote.
While if you really think that the pound is worth nothing now what do think it will be worth in a country in which the majority donāt want to be ruled by a foreign imposed puppet regime.
IE assuming that the remainers win by parliamentary vote,what they couldnāt win by referendum vote.All that youāll end up with is a government which wonāt be recognised or accepted by the 52 % who voted Leave.As opposed to a referendum vote not recognised or accepted by the 48 % who voted remain.Thatāll work.
David,thanks for your openness of your pension,i for one are intrigued to know the ins and out of how theses things happen, like when i was going to spain in the 1980s to be honest Spain was not the best of countries in the modern day back then.ie the roads were shot to Fā, no autovias the working people seemed poor.maybe that was only my drivers perspective.
AND now regarding pensions ,they seem to be on par with all the other eec countries [how come]when their tax system was non existence.a socialist country,i have just looked up on internet and the average pension is 900 euros a month ,did they have to contribute to that, by wages taxed or was it eec to kick it off,do you get taxed after a certain amount of yearly income ,is there a ceiling like here.
What sort of job did you do and time length to get your spanish %50 PENSION.did you work for MAZO because they have been going longer than i was doing EURO i am just very interested to know how you went about things, yes i know it is public but we are nearly all ex drivers and know how to keep quiet [lol honestly.please do not take offense ,dbp.
