£110 Billion pounds wiped off pensions

[Steve]

2.5% in one day ? That's a lot of money, but remember - that money hasn't actually gone far, it's just been re-allocated to somebody else, probably an investment banker and his mates.

Traders don't make money in a stable market, they need fluctuations - the bigger the better. The losers are the people who don't see todays manufactured trend quick enough - that's the pension funds and private investors who are forced into the stock market by artificially low interest rates on savings.

So, pension funders - we've been robbed, again.