If you were born in 1973 or thereafter, you’ll have to wait another two years before you can get your hands on your personal pension fund and, of course, another ten to get your state pension. The idea is to ‘encourage individuals to remain in work’. Doubt that generation will have much choice. They’re unlikely to have the final salary pensions enjoyed by their Baby Boomer parents and will probs have had to shell out for their own kids house deposits and uni fees. Apparently, though, working until you drop does mean you drop later. So that’s good, isn’t it?
“Rachel Reeves may be forced to raise taxes”
Why did she/they (in the old sense) think that tinkering around with IHT and CGT would be enough to sort out the NHS; and the potholes; and…and the list goes on. My guess is that they asked the Treasury for a list of anything not involving income tax that they could get away with lightly, although they should already have learned from the winter fuel stuff that all publicity is not good publicity.