PENSIONS EXCLUSIVE: Why Osborne’s bid for election bribery will blow up the British economy

The Slog

CORKPTNETUNCORKING WEALTH & CREATING MORE BUBBLES: OSBORNE’S UNGUIDED PENSIONS MISSILE

As the Chancellor continues with the most radical pensions reform in history, the latest Office of National Statistics (ONS) data show that, beyond the rich, provision is worse than it’s ever been….and has worsened since 2010. Yet National Insurance has been abolished, and State pensions are being pushed back. The Slog ponders what on earth is going on.

Next year – just in time for the Election, so those in possession of one think they’ll soon be rich – private pensions will be just like any other form of savings: you’ll be able to cheese-pare the pot out over your remaining years, or blow the lot on the 3.30 at Haydock Park.

The following connection seems random, but bear with me: National Insurance no longer exists. This may have passed you by (because Draper Osborne has yet to inform Parliament…

View original post 861 more words

About sdbast

Twitter profile @sdbast
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.