Until now, the subject of pensions has been forbidding. There are so many different types of pension, some private, some provided by the state. None of them are simple. The world of pensions and its many complexities has been badly served by most commentators. All too often anything written about the subject is too technical for the layman to understand, too narrow in its approach and/or comes with “spin”. A lot of the available material is produced by those with some sort of financial product to sell.
Quicklook@Pensions is not selling or spinning anything. Aimed at the lay reader, it is a clear guide to all main aspects of this fascinating subject.
Pensions, in all their aspects, are of immense importance. Most people rely on them for a significant part of their lives. Immense sums are tied up in pension funds. They affect, and form part of, the huge, but bewildering, world of finance.
We see how pensions are structured and administered, who does what in the industry and get an insight into how money entrusted to pension providers is invested. There are a great many interesting careers in the sector- we see what they are.
All of the main types of pension (state and private) are explained.
There are many pitfalls for the unwary. Big, possibly life changing, decisions may have to be taken. Key things to think about are set out clearly.
This book is a "must read" for anyone concerned about a pension, or simply interested in the ways in which this vast industry affects all of our lives.