The Man Who Stole Your Old Age: How Gordon Brown Secretly Imposed a Ruinous Tax That Has Wrecked the Retirements of Millions

The Brown cabal needed to find ways to raise extra tax revenues for the wide-ranging programme of reforms New Labour planned.

So, on one fateful night in that suite overlooking Hyde Park, they decided that, once in power, they would launch a massive multi-billion-pound raid on a gold-plated, copper-bottomed sector of the British economy - its pension funds.'

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Call for Labour Revolt on 'Pension Con'

Gordon Brown is bracing himself for a Commons showdown tomorrow night over Labour’s plans to “con” nine million pensioners of half a billion pounds in benefits. The Government has proposed freezing part of the state pension from April, yet is telling hard-up retirees they are getting a good deal.'

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Workers From the EU Claim UK Pensions

Polish-owned companies with UK offices are encouraging self-employed people who live and work in Poland to switch their NI payments to Britain.

All that is required is a one-day visit to London for an appointment at a JobCentre Plus to get a NI number and open a UK bank account. They are lured by the promise of a British basic pension of £412.75, compared with just £130 a month in Poland.'

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Just one more reason to get out of the EU completely!

Scottish Civil Servants Million-pound Pension Funds Revealed

More than £500 million of taxpayers’ money is being spent every year on pensions for Scottish ministers and civil servants, with some enjoying million-pound retirement pots.

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Licence Payers Fund BBC Chief's £8m Pension

Two BBC bosses have racked up the biggest pensions in the public sector, together worth more than £14m.

Mark Byford, 51, the deputy director general, is to receive a pension of at least £229,500 a year from a pot valued at almost £8m. This could rise to more than £10m if he works at the BBC until the age of 60.

Alan Yentob, 62, the arts presenter and creative director of the BBC, has accumulated a pension worth £6.3m, giving an annual retirement income of £216,667 for the rest of his life, according to new research.

Until now it was thought that Mervyn King, governor of the Bank of England, had Britain’s largest public sector pension. His pension pot is valued at £5.7m, paying a retirement income of £198,613 a year.

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You know what to do, just stop paying your licence fee!

Bank of Englands 'Quantative Easing' Shafts Britons Pension Plans

In a mere 24 hours the size of the pension deficits facing some of Britain’s biggest companies has jumped by around £100 billion to a record £390 billion - the equivalent of over £150,000 for every member of a final salary scheme.

The increase is a direct result of the Bank’s announcement this week to create £150 billion and pour it directly into the financial system, experts said.

The ballooning deficits sharply increase the chance that a swathe of companies shut down their pension schemes - not only for future employees but for those already paying into them.

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Pensions 'apartheid' grows: The number of public workers with a gold-plated fund is double that of the private sector

The ‘pensions apartheid’ is creating a two-tier workforce with millions facing an impoverished retirement, official figures have revealed.
The number of workers in the public sector who enjoy ‘gold-plated’ pensions is nearly double that in the private sector.
The figures from the Office for National Statistics show the situation is getting worse every year.

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People living in affluent areas to get lower pensions in new 'postcode lottery' scheme

The middle classes face lower annual payouts under a new 'pensions by postcode' scheme.
It will assess life expectancy by area to determine how much income retired customers will receive each year.
Those living in leafier postcodes will receive a smaller annual pension as they would be expected to live longer.
In contrast, pensioners in more deprived postcodes, who would typically have a shorter life expectancy, will receive a larger annual income.
The overall pension pot should, in theory, stay the same as those living in prosperous areas would be expected to receive more annual payouts.

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David Blunkett Says People Should Work Until They Drop

Britain's workforce should keep working until they are no longer physically able to do so, according to former cabinet minister David Blunkett

In a speech to the Counsel and Care charity in London, he said people should stop assuming that the Government had "prime responsibility" for supporting them through "the ever increasing years of retirement".
The former Work and Pensions Secretary said people should be prepared to use equity release schemes to pay for their care in retirement, rather than protecting the value of their inheritances to their families.

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What a load of bollocks, people worked hard all their lives looking forward to a comfortable retirement which is exactly what the government always told them they would have. Now he is promoting equity release schemes to pay for their care in their old age.

RIP OFF BRITAIN STRIKES AGAIN

Final salary pensions now 'extinct' for private sector workers - as state staff enjoy 'gold-plated' deals

Lucrative private sector final salary pensions are on the verge of extinction with four out of every five schemes now shut to new employees.
Increasing life expectancy, spiralling costs and plunging stockmarkets have forced thousands of employers to close these schemes in the last year.
The figures highlight the widening divide between private and public sector workers who enjoy 'gold-plated' pensions funded by the taxpayer.
A separate report by the Office for National Statistics showed the number of public workers in final salary schemes has ballooned to an astonishing 5.2million – the highest level since 1991.
Findings by Aon Consulting revealed that in the last year the number of private sector schemes open to new members dropped from 27 per cent to a record low of 17 per cent.
The figures came as financial experts warned that private sector workers will soon pay more into the pensions of civil servants than their own.
An analysis found that private workers contribute 91p towards the retirement of town hall staff for every £1 they invest for themselves.
This figure, however, is expected to rise as unions sew up deals to safeguard the 'gold-plated' retirement deals.
It would take the average private sector worker on a salary of £25,000, 46 years to get a pension of £10,000 a year. A public sector worker could achieve this in 24 years.

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