Wednesday 20 September 2017

National pension plan is a crime

The National Pensions Framework document is a crime against the poorest in society committed by the pensions industry with the aid of the Government. It's another major coup for the pensions industry -- one million new customers with no promotion costs.

Taking 8pc of the wages of the poorest earners in society when the employers' body is looking for a reduction in the minimum wage is wrong. Then giving this, without any guarantee of getting a cent in return, to the pensions industry to play Monopoly with beggars belief.

Michael Terry

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