Quote Originally Posted by Donanddusted View Post
Exchequer Secretary to the Treasury James Murray says, "Over a quarter of pensioners have wealth of more than £1 million, half have over £500,000, and a fifth have gross incomes equivalent to £41,600 a year he says."
“Wealth” - pension and house value does not equal disposable income
And those figures still seem exaggerated.

That said I know a lot of pensioners who don’t ‘need it’ but not sure it should have been first on the cuts list. They should raise the means testing level a bitty.