Three things we learned this week

IFS: Private pension changes could generate Dilnot revenue Pension tax treatment is "hard to justify" and could generate the necessary revenue for long-term care reform according to research. A paper by Nuffield Health for the Institute of Fiscal Studies said the introduction of Dilnot's proposed care cap of £35,000 would cost government around £1.4 billion for elderly care alone. Better-off pensioners could shoulder the costs with a reformation of the tax and benefit system. To read more click HERE Warning OMO failure costs pensioners £124m extra per year Failure to shop ar...