Pensioners could lose nearly a third of their retirement pot under Government plans to save companies being crippled by growing pension costs, analysis for the Daily Telegraph has found.
The entire aim would be to reduce the amount that must be paid in. This is going to lower the amount that can be paid out.
This is the point and purpose here – how to screw pensioners.
Alternatively, you just can’t trust that Curajus State, can you?