‘We’re vot­ing Labour over pen­sion U-turn’

Daily Mail - - Money Mail - l.ec­cles@dai­ly­mail.co.uk

LIFE­LONG Tory sup­port­ers have vowed to vote Labour in next week’s elec­tion over the Govern­ment’s an­nu­ity be­trayal.

They have switched al­le­giance af­ter the Trea­sury axed plans to let peo­ple turn their pal­try monthly pen­sion in­comes into a lump sum.

Money Mail reader Lionel Kaye de­scribed it as a ‘ter­ri­ble U-turn with­out any con­sul­ta­tion with vot­ers’. Mean­while, Steve Vince wrote: ‘I was ex­pect­ing to be able to pay off my mort­gage. Now, it looks like I will have to keep work­ing for an­other five years.

‘The Con­ser­va­tives have lost my vote.’ Gra­ham New­man echoed this, adding: ‘My wife and I de­cided not to vote Tory be­cause of their U- turn on an­nu­ities.’

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