Sorry for the hiatus!!

Dear Reader, sorry for the hiatus since February. I have been worried about the complete mess in pensions. It is a shame that the state retirement age is being raised in the United Kingdom. There should be coordination throughout the European Union. It does not make much sense us Brits toiling up to 70 when the French want to retire at 60 and to get an economic contribution from us via the Common Agricultural Policy (CAP). We might have to join the euro so as to make our influence felt!!

We are in a right pickle over pensions in the UK.

The poor state of UK public finances apparently dictates a rise in the state pension age from 65 to perhaps 70. Yet at the same time companies can forcibly retire someone
at 65. So what are we going to do with the five year gap?
Contributing to pensions seems unnecessarily expensive and uncertain. Private pensions get hit by charges, which offsets the tax relief, while state pensions get hit by the government moving the goal posts.
We also won't be able to pay the goldplated pensions of council employees, members of parliament etc. The recent volatility of equities has shown that we can't rely on
share performance to pay on all types of pension promises.