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So what's the Twtd view on Waspi women? 15:05 - Dec 17 with 11598 viewsbluelagos

Govt just announced they won't be compensated.

Am split tbh, on the one hand the pension age changes were very much in the public domain, but I guess if those impacted weren't aware (or written to) then can see why they'd be mighty peeved.

Plus I guess any dosh that does go their way is less for public services etc.

Thoughts?

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So what's the Twtd view on Waspi women? on 01:05 - Dec 20 with 432 viewsEuropablue

So what's the Twtd view on Waspi women? on 15:42 - Dec 17 by itfcjoe

Like the infected blood scandal, they just get kicked into the long grass in the hope more people die whilst waiting so the payout is smaller - justice delayed and all that.

No Govt was ever going to elect to pay these pensioners out, at least a line can be drawn under it now - the mistakes had been made and there was never any way to suitably sort those out.

I'm sure it will be demonstrated as another way Labour are after pensioners when it was a Tory Govt who agreed to equalise the pension, and a Tory/LD coalition who expedited the timeline and then a Tory Govt who kicked this into the long grass - politics will be played over it by the Tories and LDs now but this stuff should just be removed from that and a key example of where cross party consensus should be seen but never is


The whole concept of the pension age is an absolute disaster. It has been a ticking time bomb for decades. People were never supposed to continue taking a pension in such numbers for such a long time. The sums just don't add up. It's not really a party political issue. The party political aspect is people supporting the WASPI women when out of government, then not supporting them when they get into government.
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So what's the Twtd view on Waspi women? on 08:22 - Dec 20 with 362 viewsChurchman

So what's the Twtd view on Waspi women? on 01:05 - Dec 20 by Europablue

The whole concept of the pension age is an absolute disaster. It has been a ticking time bomb for decades. People were never supposed to continue taking a pension in such numbers for such a long time. The sums just don't add up. It's not really a party political issue. The party political aspect is people supporting the WASPI women when out of government, then not supporting them when they get into government.


The numbers seem to add up in other countries. The attached, which is worth a read, says in the third paragraph ‘The UK devotes a smaller percentage of its GDP to state pensions and pensioner benefits than most other advanced economies.’

https://commonslibrary.parliament.uk/research-briefings/sn00290/

Maybe other countries in general view retirees as important and not parasites or cash cows when their usefulness is exhausted.

With regard to your last sentence, to some it’s clearly ok for a political party to tell lies, sign petitions, shake hands go on public record when in opposition and do a handbrake turn in power. It’s all ok to chuck independent reviews in the bin. Without wasting time on scrutiny the latter is going to make political lives far more easy - and business lives too.

Looking to the future this report by IFS looks at the ‘ticking time bomb’ of pension provision and what can be done.

https://ifs.org.uk/publications/pensions-five-key-decisions-next-government

There is plenty of positive actions the government can take but I doubt they will.
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So what's the Twtd view on Waspi women? on 10:31 - Dec 20 with 300 viewsSwansea_Blue

So what's the Twtd view on Waspi women? on 08:22 - Dec 20 by Churchman

The numbers seem to add up in other countries. The attached, which is worth a read, says in the third paragraph ‘The UK devotes a smaller percentage of its GDP to state pensions and pensioner benefits than most other advanced economies.’

https://commonslibrary.parliament.uk/research-briefings/sn00290/

Maybe other countries in general view retirees as important and not parasites or cash cows when their usefulness is exhausted.

With regard to your last sentence, to some it’s clearly ok for a political party to tell lies, sign petitions, shake hands go on public record when in opposition and do a handbrake turn in power. It’s all ok to chuck independent reviews in the bin. Without wasting time on scrutiny the latter is going to make political lives far more easy - and business lives too.

Looking to the future this report by IFS looks at the ‘ticking time bomb’ of pension provision and what can be done.

https://ifs.org.uk/publications/pensions-five-key-decisions-next-government

There is plenty of positive actions the government can take but I doubt they will.


Yeah, in the UK we’ve been steered towards other investments for retirement income, be that private pensions, invested lump sums, property, etc. I’ve got some sympathy with those who do have a second property as a pension pot who are now finding the ground rules changing and suddenly the investment doesn’t look as secure. Any government policy that changes course without putting alternative provisions in place (i.e. an improved state pension in this case) is going to piss off a lot of people.

Poll: Do you think Pert is key to all of this?

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So what's the Twtd view on Waspi women? on 10:38 - Dec 20 with 281 viewsDanTheMan

So what's the Twtd view on Waspi women? on 10:31 - Dec 20 by Swansea_Blue

Yeah, in the UK we’ve been steered towards other investments for retirement income, be that private pensions, invested lump sums, property, etc. I’ve got some sympathy with those who do have a second property as a pension pot who are now finding the ground rules changing and suddenly the investment doesn’t look as secure. Any government policy that changes course without putting alternative provisions in place (i.e. an improved state pension in this case) is going to piss off a lot of people.


I can understand it but...

As always with investments, your capital is at risk. The value of your investment can go down as well as up, and you may get back less than you invest.

Housing has no right to always be improving in value.

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