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Libel lunacy, this severed Isle and Scruton in the Labour party

By Prospect   March 2012

Generation tax

Three contributors want to withdraw pensioners’ small financial perks. Time to fight back. I worked and paid taxes for 45 years before retiring 18 years ago. To save for retirement, and seduced by promises of tax relief, I opened SERPS and PEP accounts and subscribed to a company pension scheme and another with Equitable Life. They should have been fireproof, but the tax reliefs went in Brown’s pension raid, the company scheme disappeared across the Atlantic, my Equitable pension has been cut to 30 per cent of what is due and the widows’ entitlements have been slashed.


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