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What will the government to to help savers

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Comments

  • gozomark
    gozomark Posts: 2,069 Forumite
    P26

    state pension increased by greater of 2.5% or RPI - not many people in employment who will be getting a guaranteed 2.5% pay rise
  • gozomark
    gozomark Posts: 2,069 Forumite
    its a well put-together report, and should help those who actually want to find out about the subject
  • Arthurian
    Arthurian Posts: 829 Forumite
    Part of the Furniture 500 Posts Name Dropper
    http://www.bbc.co.uk/iplayer/episode/b00hz0dp/You_and_Yours_10_03_2009/
    Gordon Brown today promised to look at savers' problems "in a time of low inflation" in the next budget, in particular with regard to ISAs. Listen at 32(mins).42(secs) to 33.05.

    Roll on 22nd April.
  • marc5180
    marc5180 Posts: 170 Forumite
    I was right about upping the ISA allowance:D
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    gozomark wrote: »
    P26

    state pension increased by greater of 2.5% or RPI - not many people in employment who will be getting a guaranteed 2.5% pay rise

    Not many people in employment earn the pittance that is the state pension. Reduce public service pensions – yes. But the basic state pension needs to be increased because many pensioners (who did not engage in the spending binge on borrowed money and have always been prudent) are suffering huge financial hardship through no fault of their own. I have seen this happening. :cool:
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