No-one will be surprised that the Tories are committing to retaining the 'triple lock' on pension if they win the election... the gerontocracy that is the Tory party was always going to make this move.
Meanwhile for the young the prospect of another Tory administration offers its own triple lock.
Locked out of good work
locked out of the housing market
locked out of legitimate protesting!
If we don't pivot towards needs of the young we are lost...
Anyone here interested in pensions, poverty, fairness? Multiple choices are ok.
A short thread. Part of the pensions world (the best) is the old-style "defined benefit" schemes. They mostly closed to new employees years ago.
Suddenly, because interest rates, those old schemes are swimming in money.
Good news, here's an FT piece saying some big US companies are reopening their DB schemes.
1/3 #pensions#poverty#IBM
Could a US pensions revolution be on the cards? - https://on.ft.com/3Taoc4H
Compare and contrast two Guardian quotes from today
On Charles III's cancer diagnosis "will once again raise questions about whether it is fair to expect a man in his mid-70s to fulfil a rota of public duties."
"UK state pension age will soon need to rise to 71, say experts"