Saga joins campaign for pension compensation

Following the rejection of the Parliamentary Ombudsman’s report in March, Saga says it has decided to join the campaign after it was struck by the response to this issue from the readers of Saga Magazine. Saga says perhaps the most unpleasant aspect of the scandal is the way the government “has been spinning numbers”, by using “questionable methodology” to arrive at what it calls the ‘cash’ cost of £15bn which is needed to restore all the pensions. However Saga says the actual cost estimated in today’s money is only £3bn spread over 60 years, with the amount being reduced over the years...