O/T:- ⚠️Impressed with the leadership [The UK Party Politics Thread]

[GranthamPie]

You’re forgetting his tax raid on pensions in 1997.

His scrapping of the tax relief on pension dividends ruined final salary schemes and in most cases ended them. I remember George Osborne saying before the 2010 election that the Conservatives promised to “reverse the effects of Gordon Brown’s pensions tax raid”…. guess what… they never did.

Successive Governments have gained about £160 billion as a result.

[countygump]

His scrapping of the tax relief on pension dividends ruined final salary schemes and in most cases ended them. I remember George Osborne saying before the 2010 election that the Conservatives promised to “reverse the effects of Gordon Brown’s pensions tax raid”…. guess what… they never did.

Successive Governments have gained about £160 billion as a result.

Now that's a nice little (@7Bill per annum) earner.


Ros Altmann, a former Downing Street pension adviser, said Labour’s move marked ‘the beginning of the end of the gold standard pension that British workers could rely on from their boss’.

She added: ‘This is money that has come out of people’s pensions. It paved the way for the end of final salary schemes because it made them so much more expensive. They were suddenly unaffordable.’

Since 1997, the number of private sector workers with a defined benefit pension has collapsed from 5million to 1.7million.


https://www.dailymail.co.uk/news/art...ffordable.html

[GranthamPie]

Now that's a nice little (@7Bill per annum) earner.


Ros Altmann, a former Downing Street pension adviser, said Labour’s move marked ‘the beginning of the end of the gold standard pension that British workers could rely on from their boss’.

She added: ‘This is money that has come out of people’s pensions. It paved the way for the end of final salary schemes because it made them so much more expensive. They were suddenly unaffordable.’

Since 1997, the number of private sector workers with a defined benefit pension has collapsed from 5million to 1.7million.


https://www.dailymail.co.uk/news/art...ffordable.html

Yup…my very small final salary Boots pension has become very very small because of “new labour”… a fact that I will never forgive Labour for… and subsequent Tory/Lib coalition Governments tbf.

They screwed us over then… and the continue to screw us over now…. Lab/Con/Lib.

It’s time to think differently and vote for nota.

Vote for Independents, socialist parties and alternative parties… fcuk these establishment careerist and gong collectors… fcuk em all.