The fall of the Tory party

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andyp in reply to @Stonehedge

Also, I can't see how retirement age can stay below 70 for much longer. Our pension gap is nudging £3tn at the moment.

I think it's much more likely that the state pension will become means tested, so that those who don't need it no longer get it. That's a political hot potato though, so it'd take a brave party to even propose it.

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ChasnotRobert in reply to @andyp

I think it's much more likely that the state pension will become means tested

not sure how that could be squared off with the concept of "National Insurance". I realise that it's only a concept, but even so....

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andyp in reply to @ChasnotRobert

Well, yes, exactly why it's a political hot potato. However, most of us know that NI is just another tax on income, and that money isn't invested into a pension scheme for future generations, it just goes straight into the government's coffers to be spent in the very near term.

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