|
C
A P P A
The
Compulsory
Annuity
Purchase
Protest
Alliance
|
|
MORE
FACTS
Echoes
of misleading promises from before the last election.
GORDON
BROWN: "All
Labour proposals will protect and improve the quality of life for pensioners"
HE
SHOULD TRULY HAVE SAID: "All
my actions will undermine and minimise the quality of life for pensioners."
HE
DIDN'T TELL US WHAT WAS IN HIS MIND:
"First,
I will ransack the pension funds by removing tax credits, this will make
it harder to save into your pension fund over the years.
Next,
I will refuse to restore the State Pension indexation link with earnings,
even though your National Insurance contributions are earnings-linked.
I know that in Opposition I protested loudly about the injustice of this,
but now I've changed my mind.
Then,
I will remove the Married Couple's Age Allowance, just as you are about
to retire.
Then,
I will ignore the need to abolish the obsolete, discriminatory compulsory
annuity purchase regulations, forcing you into a poor-value annuity,
by age 75 latest.
Then,
I will minimise the issue of gilts, in the interests of "Prudent
Housekeeping" to pay off the national debt. I know this will collapse
the return on gilts to unprecedented low levels and ruin any decent
prospect of buying an adequate annuity.
Then,
I will generously give you free TV licenses when you make 75, but that
will be paid for by removing the tax refunds on your investments, no
matter how small these may be.
MR
BROWN,
if that is what you mean by protecting and improving the quality of life
for pensioners, you must forgive us for viewing any of your FUTURE promises
with the utmost scepticism.
SCRAP
THE TRAP!
HELP
US FIGHT FOR PENSIONS JUSTICE NOW!
SEE
How
can I help?
|