A pre-budget pensioner mugging

Last week was budget week. It was a noisy affair, as ambulances rushed to a budget emergency, sirens wailing, running over low-income earners, medical patients and the elderly en-route.You probably saw that the pension age is increasing – from 67 to 70 between 2025 and 2035 – delaying access for those currently aged in their teens to mid 50s. But what you might have missed, whilst busy dodging the shrapnel flying off exploding promises, is that many people in their 60s and about to retire will lose at least some of their aged pension come 1 January next year. We're...

Last week was budget week. It was a noisy affair, as ambulances rushed to a budget emergency, sirens wailing, running over low-income earners, medical patients and the elderly en-route.

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