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Pensions are really a waste of time, especially since Brown's raid on in 1997 on dividend credits which has removed over 100 billion pounds from pension pots. I hope in due course that the Tories will remove this New Lie stealth tax, but perhaps private sector pensions are beyond saving after 11 years of state robbery.
To be fair to NL though, they have taken into account how worthless private sector pensions actually are, and will continue to periodically keep raising retirement age to prevent most of us from ever having to fall into pension poverty. A wonderfully prudent approach in much the same vein as that of sending 50% of our kids to university with student loans to prevent them from appearing on the jobless stats when they fall out of school, and find that the only jobs left that have not been outsourced involve flipping burgers.
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”
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