UK expat pensions in Thailand - 36% drop in value!

[caller]

If you haven't seen it, the Telegraph today ran an interesting article about how UK policy is affecting the value of expats pensions around the globe. Comments beneath the article are worth looking at.

Not pretty reading, unless in South Africa or Jamaica!

Could be worse for you guys currently in LOS - you could be in Oz!

http://www.telegraph.co.uk/finance/pers ... -47pc.html

[chopsticks]

For some countries, such as S.Africa, exchange rates can be quite volatile so the results would be very dependent on the particular month/year they have taken as a starting point.

The comments are certainly interesting and amusing though

[STEVE G]

At least you getting pensions for doing nothing; I have to work for that kind of a currency loss!

[MrPlum]

It isn't going to get any better according to James D Wolfensohn, president of the World Bank from 1995 to 2005. He explains in this clip the planned move of wealth from West to East to a group of students, in 2011.



Brush up on your Mandarin.

[JimmyGreaves]

At least you getting pensions for doing nothing; I have to work for that kind of a currency loss!

Yes but you haven't put in 50 odd years of work like the pensioners have and can eliminate the currency loss by working more hours or changing jobs and earning more