Pensions news

[lexin]

A TUC study, ‘Decent pensions for all’, finds taxpayers are spending twice as much on private sector fat cat pensions than on public sector pensions. Taxpayers are paying £2.50 to subsidise the pensions of the richest 1% of the population for every £1 spent on paying pensions to retired public servants.

Comments

[watervole.livejournal.com]

They make a very good point. Why are we having higher-rate tax relief on pensions? Standard, yes, but higher rate?