General Discussion
Pensioners' incomes to fall courtesy of Brexit
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From a report in one of our more reputible daily newspapers:
" Providers of annuities - the policies that convert pension pots into incomes for life - cut their rates this week to reflect falls in the stock market. Meanwhile interest rates could fall, hitting savings, while the cost of everyday essentials such as food and fuel are set to rise.
All this means less money in your pocket and less growth in your savings".
Conservative MP for Central Devon, Mel Stride has a very interesting article on page 10 of the Dawlish Gazette. He campaigned for Remain.
I never thought I would say this but.............I do so agree with what he says. More than that. I have e-mailed him telling him that I agree with him. (!).
Do read the article.