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Retiring in comfort and good health now seems the luxury of a lucky few | Letters
HABER
09.05.2026

Retiring in comfort and good health now seems the luxury of a lucky few | Letters

Deprivation and inequality are behind the fall in healthy life expectancy, writes George Binette. Plus letters from Sanghamitra Bandyopadhyay, Dr Louise Lawson and Chris PhillipsonHelen McCarthy writes that today’s struggle “is the right to live a good, meaningful life, and to live it right to the end” (Britain pioneered the comfortable retirement – but that golden age is coming to an end, 2 May). Ironically, her column appeared days after the Health Foundation reported a notable fall of roughly two years in healthy life expectancy across the UK in the decade between 2012-14 and 2022-24 to below 61 years for both men and women – significantly below the state pension age. Among 21 high-income countries, Britain’s ranking slumped from 14th to 20th against this measure, ahead only of the US.The reasons for this relative and absolute decline are, of course, multifaceted, but there is an undeniable link to relative deprivation. With the state pension age continuing to rise and the Tony Blair Institute effectively calling for abolishing the meagre state pension, Prof McCarthy’s assertion that “the right to retire was yesterday’s struggle,” seems dubious at best. Pensioner poverty in Britain remains widespread and far worse than in France and Italy. Continue reading...

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Guardian Business
The government’s Mansion House retreat is a victory for fiduciary duty
Gelişiyor
Siyaset·29.04.2026AI özeti

The government’s Mansion House retreat is a victory for fiduciary duty

The UK government has retreated from plans to mandate pension funds to invest in UK assets after heavy opposition from providers. The Mansion House Accord, which saw 17 major providers voluntarily pledge 10% allocation to private markets, faced a proposed "backstop" power that would have made contributions enforceable. Following House of Lords resistance and provider warnings about fiduciary duty, the final legislation heavily dilutes these powers – they cannot be used before 2028 and will expire by 2032-2035, with a "saver's interest test" requiring regulator approval.

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Guardian Business
86-year-old woman convicted over single letter error on car insurance papers
Gelişiyor
Crime·20.04.2026AI özeti

86-year-old woman convicted over single letter error on car insurance papers

An 86-year-old woman from York has been convicted by a fast-track court after she accidentally wrote an F instead of an S on her car insurance registration number. The pensioner, who insured her Suzuki Splash with Swinton Insurance, was prosecuted by the DVLA for keeping an uninsured vehicle on 6 February 2026. She received a three-month conditional discharge and was ordered to pay a £26 victim surcharge. The DVLA said it would check her paperwork and seek to overturn the conviction if the typo was to blame.

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BBC News