Of Interest to All, Opinion, Pensions, Pensions Opinions

Treasury saves £5 billion a year as pension reforms leave more than one million women worse off

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 […]
Of Interest to All, Pensions Opinions

Building support for Pensioners for Independence

We now have active campaigning groups in Edinburgh and Lothians and in Glasgow and West of Scotland.  The aim is to try to set up groups based around each of the other cities in Scotland, and after that to attempt to reach out into the surrounding rural areas.  We are currently trying to identify people in and around other cities who might be interested in helping to set up new groups. This will enable us […]
Of Interest to All, Pensions Opinions

The Tories are at it again – they never learn !

So, the Tories are looking after their own in the insurance markets!  Who would have guessed ? Quote from a city worker: “The Conservatives will attempt to soften the blow by promising that pensioners will not have to sell their homes to pay for their care costs while they or a surviving partner are alive. Instead, ‘products will be available’ allowing the elderly to pay by extracting equity from their homes, which will be recovered […]
Of Interest to All, Opinion, Pensions Opinions

Triple-lock on state pensions

There has been renewed publicity paid just recently to the future of the triple-lock on state pensions. This is the committment made some time ago that annual increases will be whichever is the greatest of :-  the rate of inflation, the change in the Consumer Prices Index, and 2.5%.   Both the Conservatives and Labour have said they will discontinue the triple-lock in the near future, whereas the SNP have made it clear that, in an […]
Of Interest to All, Pensions Opinions

Tory pensions bombshell

Angus Robertson asked PM May a simple question to guarantee the pensions triple lock. She failed to. Pensioners should fear Tory pensions bombshell. Calling the election has delayed the Government’s plans to push back the state pension age and abandon the triple lock, due to be announced on 5 May. As things stand, May might sound an attractive proposition to middle-aged Brits, but her proposal to target pensioners’ benefits – or, as I prefer to […]
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