SIR – The recent report by leading accountants PWc highlighted the significant drop in incomes for those individuals in ‘money purchase’ schemes – usually private-sector workers. A decrease of up to 30 per cent due to the effects of quantitive easing and falling world stockmarkets is significant.
Compare this to the modest changes which the Coalition Government is attempting to introduce into the world of public sector ‘final salary’ (guaranteed) pensions and you begin to think that the wrong group of people will be on the streets at the end of the month.
At least all this publicity should wake up the majority of non-public sector workforce and make them realise that “we’re not all in this together” !
N Shaw, Secretary, West Yorkshire Taxpayers Alliance, Westmoor Avenue, Baildon
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