Paul Lewis
speaker
150 appearances
6 recordings
1 series
first heard Apr 2011
last heard Jan 2015
Paul Lewis’s voice in public audio — every appearance, attributed to the second.
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Appearances
And the difference between those two charge scenarios in this spreadsheet is actually £103,500.
So with 1.5% charges, you have £346,000 in your pension fund.
With three quarters of a percent charge, you have nearly £450,000 in your pension fund.
And that means you've got another £103,000
And that's because these charges come off every year.
Now, I have to say, I've taken one big assumption here, which is the only one that would give me £100,000.
£100,000 assumption.
And that is that your pension fund, unlike most people's in the real world, will grow at 8% a year.
Now, this is the maximum the Financial Conduct Authority allows a firm to assume growth.
So if you put in 8% growth and 1.5% or 3.25% charges, you come to this magic, you'll save £100,000 over the course of your working life figure.
My number of the year is 33.86.
Now that's the number of petaflops achieved in 2013 by the new holder of the title World's Fastest Computer.
Now, peta is a million billion.
That's 10 to the power 15.
A flop is one floating point operation per second.
Think multiplying two really long numbers together in a second.
That's a flop.
So a petaflop computer can do a million billion long multiplications every second and get them right.
When the list of fastest computers was published in June, China's new Tianhe 2 computer went straight in at number one.
It achieved 33.86 petaflops, nearly twice as fast as the runner-up.
Showing 81–100 of 150 · page 5 of 8
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