As regular readers will know we are convinced that the £1 Trillion pound private sector pension pot will not just be raided, but nationalised.
The temptation is just too great for politicians. We think, it will be positioned as an attack on the bloated Public sector, but the ultimate consequences will be coupons and soup kitchens for all.
Now the Adam Smith institute has written a great piece on an upcoming pension tax, similar to Irelands.
