Topic: | Re:Re:Re:Re:Re:Re:Re:Have the Conservatives changed under Cameron? | |
Posted by: | Guy Lambert | |
Date/Time: | 07/10/09 10:17:00 |
I remember the blessed Margaret Thatcher boasting that she had spent 40% of her income on housing, and thinking "blimey, I wish I could get housing so cheap". That said, our generation have been very lucky and we have to face realities about pensionable age going up. The real reason for all these final salary schemes closing has far less to do with market poerformance and tax changes than the inescapable fact that the schemes are paying out for 2 or 3 times longer than they were when they were conceived. |