Cable Forum - View Single Post - Osborne's 'Pensioner bonds'

Osem · 16-01-2015, 22:54

Maybe this scheme ought to be means tested in some way but I have no problem with people who've worked hard and managed to save some money doing so and getting slightly better rates. I can't imagine there are that many pensioners who'll be investing £20k a year for very long. That sum might represent someone's entire savings after a lifetime in work and money which they rely upon to supplement the basic state pension. Would it be better/cheaper if they decided to spend it on cars and holidays then claim additional support or free social care?

16-01-2015, 22:54	#28
Osem Inactive Join Date: Oct 2006 Location: Right here! Posts: 22,315	Re: Osborne's 'Pensioner bonds' - bribing OAPs with everyone else's money Maybe this scheme ought to be means tested in some way but I have no problem with people who've worked hard and managed to save some money doing so and getting slightly better rates. I can't imagine there are that many pensioners who'll be investing £20k a year for very long. That sum might represent someone's entire savings after a lifetime in work and money which they rely upon to supplement the basic state pension. Would it be better/cheaper if they decided to spend it on cars and holidays then claim additional support or free social care?