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Rising Life Expectancy Heaps Further Pressure On Britain's Pensions Crisis

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http://www.dailymail.co.uk/money/pensions/article-2050996/Rising-life-expectancy-heaps-pressure-Britains-pensions-crisis.html

Rich-poor life expectancy gap widens between deprived areas in Northern Britain and affluent hotspots in the South

Life expectancy in Britain increased by one year in the space of four years, official figures show today.

Rising longevity is heaping pressure on public finances and has further inflamed Britain's pensions crisis. Experts said the latest rise should be a 'rude awakening' for the government.

The crisis has been created by a combination of longer spells of retirement by a bulging segment of the population, and decades of insufficient pension saving.

Average longevity at birth improved by 1.2 years for men and one year for women between the periods 2004/06 and 2008/10, according to the Office for National Statistics.

Still I'm sure Mystic Merv will help solve this by making food too expensive for pensioners to buy, obviously not his as his pension pot is inflation proof, although he may find it's not lynch proof.

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Know you of French unemployment benefit?

http://www.cleiss.fr/docs/regimes/regime_france/an_5.html

In particular '57.4% of the daily reference wage if this is more advantageous for the claimant.'

I know somebody on £100k/year dole! I shit you not, they will return to the UK when the unemployment runs out, the dole alone will buy a house better than many on here can expect.

For the UK has nominal benefits and % insurance.

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They will have to be 're-negotiated'. Treasury yesterday threw down a guantlet when they said the pensions will not automatically adjust up 5.2% next year with the CPI.

They will only go up by the amount that Treasury views is sustainable.

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They will have to be 're-negotiated'. Treasury yesterday threw down a guantlet when they said the pensions will not automatically adjust up 5.2% next year with the CPI.

They will only go up by the amount that Treasury views is sustainable.

Tends to suggest the current state of the economy isn't sustainable.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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