UK - The Conservatives will raise the value of the state pension and reverse the spread of means-testing if they win the next general election.
Work and pensions spokesman David Willetts said the party would give individuals £364 a year more in basic state pension and take a quarter of people off means-tested benefits by 2006.
Willetts told the right-wing think-tank Politeia: “We believe we can take at least one million off means-tested benefits. We will achieve this by raising the basic state pension in line with earnings during the course of the next parliament.”
Most people think it is right that savers take responsibility to protect from pension scams.
More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'