Pensions go further in Spain

As the McBroon government faces a new Culloden-style battlefield of mangled egos and inept tactics and leadership among its chieftains and white flags among its troops, the over-50 residents of these islands turned their attention to far weightier matters…

No matter what the McBroons do before their final defeat and what the Cameron clan manages when they eventually march into Whitehall, the baby boomer over-50s remain buggered so far as their pensions are concerned.

In a decade McBroon has totally bankrupted what was the best pension industry in the world. In annual raids he has nicked five billion quid a time - current total 100 billion - and with the increasing deficits even the best pensions in the world will become even more decimated.

Another 10,000 workers have just learned their employers, supermarket group Morrisons, has became the latest company to close its final-salary scheme to existing members. It follows similar recent decisions by Barclays and BP. Despite Morrisons reporting a rise in sales, the 10,000 employees in its pension schemes will now have pensions based on their 'career average' earnings, rather than their final pay when they retire

Some baby boomers will retain their better pensions, but some over-50s and the following generations will be working extra hard – and years longer - to make sure they are paid while their own pensions will be diminished.

McBroon stealth taxed the pensions of the private sector but levied no tax on the public sector pensions, so the private sector is also subsidising the pensions of dodgy MPs and quitting ministers and the pension of McBroon himself, whenever he is forced back over the border.

His stealth taxes and fiscal policy caused the recession, which is now the main reason for the end of proper private sector final salary pensions, and he ruined the pensions of millions more with his £5 billion a year pension raids.

So much for McBroon’s “Fairer, more just society”.

Some over-50s say the McBroons have ruined Britain and it is not longer a place they recognise. They are looking for a haven in sunny Spain, where their pensions and their lifespans can go further because of the lower cost of living and stress-free lifestyle.

With property prices down by up to 40% many over-50s and pensioners are opting for Spain as a more secure future. Downsize into a 2-bed place near the beach and amenities, slow down to manana pace, eat healthily and have the family down on a regular basis to share the wonderful lifestyle.

That’s the new dream and more are making the move, according to http://www.propertyinspain.net/ where over-50s are becoming the majority of buying clients.