RE: Large drop6 Feb 2024 09:17
IN my opinion this all began when that fool Gordon Brown decided to withdraw relief from dividend tax from the pension funds because he thought that some were too rich. Lacking a decent financial education he did not understand that it was only a temporary situation and would certainly change in the long term, which of course it did. Although the Tories had the chance to rectify the matter, they never did, in their case lacking the forethought that increasing ages to death would cost them dear as is now beginning to occur. Most politicians are of course short term thinkers in this country and it is now too late to start a decent pensions policy so they will have to suffer the panic attacks about how to cater for the aging population.