Shift to unfunded pensions is wrong - Lawson

What hadn’t already been leaked wasn’t worth leaking. Just in case you have been on holiday for the last couple of weeks, here is what we got. On state pensions, there will be a basic state pension linked to earnings inflation from 2012. It will also be made easier to qualify for a full state pension, requiring only 30 years of toil rather than the current 39 for women and 44 for men. On the whole, this is a positive move. It will stop the knotweed-like spread of means-testing that was set to blight the retirement of over 70% of retired people by 2050. And women will no longer be proppi...