A Conservative MP and close ally of the Prime Minister will today call for pensioner benefits to be means tested.
Nick Boles, speaking later today at a Resolution Foundation event, will call for wealthier pensioners to lose benefits such as winter fuel allowances and free bus passes, the BBC reports. The MP will say that pensioners should share in the government's austerity cuts. This comes after a row earlier this year over means testing, after which David Cameron said he would not make any changes to these benefits before 2015. The universal state pension, the details of which the government is expected to publish this month, is designed to eradicate means testing from the state pension itself.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes