Monday, September 01, 2014

Annuities: EU Rips Off British Pensioners.

Those retiring since 2012 are getting around 20 per cent less from an annual annuity than those outside Europe because of EU regulations. It has led to claims Britons are being ripped off, with Brussels bureaucrats once again interfering in British affairs. Under the Solvency II directive, insurance companies, including pension providers, must keep a lump sum in reserve to ensure they can always meet claims. Express.

Do You Remember Voting For This?

Killers and rapists to be freed early. ‘Reckless’ scheme could see up to 6,000 serious criminals released to tackle prisons overcrowding cri...