- UK State Pension officially the worst in the world (worse than Mexico)– but still needs to be cut further.
- Middle income groups receive worse pensions than any other country in the OECD.
- Government actuaries say under-30s won’t get state pension till their 70s as new State Pension system is unaffordable.
Recently there has been renewed publicity for the “Keep Scotland the Brand” campaign, and a number of members of Pensioners for Independence have started to take part. Several of us have recently contacted some large retailers like Sainsbury’s, Marks and Spencer and the Co-op to urge them to label Scottish produce more clearly as such, rather than as “British”. Most of the responses we have been receiving have been quite positive, and we look forward
Currently, a total of 18.5% of pensioners in the UK aged 75+ have incomes below the poverty line. The main reason for this is the UK’s low level of state pension. Business for Scotland have several articles about pensions which are worth a read.
Pensioners for Independence will be holding their first annual conference on Saturday, 25th November 2017 at Broughton High School, North Edinburgh. Speakers include Craig Dalzeil – Common Weal, Maggie Chapman – Green Party, George Kerevan – SNP, Christine Grahame MSP -SNP and Robin McAlpine – Common Weal. Doors open 9.30 for 10 am start. Tickets are £6 (or donation) and are available from Eventbrite: eventbrite.com/e/pensioners-for-independence-1st-national-conference-tickets-37754887886.
British workers can expect among the worst pensions in the developed world, according to a report from investment bank UBS, which compared the retirement outlook for a 50-year-old woman in major cities across the globe.
Recently Jeremy Corbyn, on one of his occasional visits to “North Britain” – a.k.a. Scotland – is reported to have said that it would be difficult for Scotland to have its own distinctive legal system, separate from that in England. Would someone please take him on one side and gently whisper in his ear that Scotland has had its own distinctive legal system for centuries.
Large quantities of North Sea oil are processed on the rigs and exported directly to other countries without coming ashore. Prior to December 2016 oil that was shipped directly from the rigs was counted towards the Oil Companies’ Head Offices, rather than being counted as produced in Scotland. Oil imported or exported into or out of the UK was normally associated with the region of the UK where it was produced, but oil exported directly
The government must reconsider punishing changes to women’s pensions after it emerged earlier reforms boosted state coffers by more than £5 billion a year, campaigners say. The Institute for Fiscal Studies (IFS) found more than one million women are worse-off by an average of £32 a week after the retirement age moved from 60 to 63. The change, which happened between 2010 and 2016, has taken 1.1 million women off the pensions book, saving the