{"id":93371,"date":"2018-07-07T21:59:03","date_gmt":"2018-07-07T14:59:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-time-for-britains-millionaire-pensioners-to-pay-up-phillip-inman\/"},"modified":"2018-07-07T22:03:33","modified_gmt":"2018-07-07T15:03:33","slug":"its-time-for-britains-millionaire-pensioners-to-pay-up-phillip-inman","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-time-for-britains-millionaire-pensioners-to-pay-up-phillip-inman\/","title":{"rendered":"It\u2019s time for Britain\u2019s millionaire pensioners to pay up | Phillip Inman"},"content":{"rendered":"


\nThe retired are having a great time at the expense of young families thanks to generous pensions and property wealthThe intergenerational argument has vanished \u2013 buried beneath the Brexit talks and the traditional fixation with class inequality. The fear that millennials, whatever their class, are going to have a tougher time than their forebears appears to have had the life squashed out of it.A two-year investigation by the Intergenerational Commission, a group sponsored by the Resolution Foundation thinktank, has found that what it calls the \u201ccontract between the generations\u201d is at breaking point. It warns that society risks dumping a disproportionate amount of the costs of an ageing population on their shoulders. It\u2019s been going on for some time and now the situation is acute. Continue reading…
\n
\nSource : theguardian.com
\nRead more…It\u2019s time for Britain\u2019s millionaire pensioners to pay up | Phillip Inman<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The retired are having a great time at the expense of young families thanks to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-93371","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ohZ","jetpack-related-posts":[{"id":22999,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/future-pensions-fall-contradicts-intergenerational-foundation-report-letters\/","url_meta":{"origin":93371,"position":0},"title":"Future pensions fall contradicts Intergenerational Foundation report | Letters","date":"August 16, 2016","format":false,"excerpt":"\r Whatever the merits of the other conclusions drawn by the Intergenerational Foundation in its report on the balance between generations, they are completely incorrect to assert that public sector pensions are \u201coverwhelming young people\u2019s prospects\u201d (Report, 15 August). The latest long-term projections from the Office for Budget Responsibility show\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22871,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/younger-generation-in-uk-face-overwhelming-pensions-bill-says-report\/","url_meta":{"origin":93371,"position":1},"title":"Younger generation in UK face overwhelming pensions bill, says report","date":"August 15, 2016","format":false,"excerpt":"\r Rebalancing between generations needed to ease burden of spending pledges for older people in Britain, says thinktankOlder people have saddled the younger generation with an excessive bill for state pensions while grabbing an ever-greater share of NHS spending, according to a report that calls for intergenerational rebalancing.The report from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-regime-should-help-millennials\/","url_meta":{"origin":93371,"position":2},"title":"\u2018Tax regime should help millennials\u2019","date":"March 12, 2016","format":false,"excerpt":"\r PwC study finds support from young and old for addressing intergenerational inequalities\r \r Source : ft.com\r Read more...\u2018Tax regime should help millennials\u2019","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118981,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-son-and-daughter-could-pay-dearly-for-retirement\/","url_meta":{"origin":93371,"position":3},"title":"\u2018Bank of Son and Daughter\u2019 could pay dearly for retirement","date":"October 21, 2020","format":false,"excerpt":"\r Intergenerational finances are a two-way street, says the Great British Retirement Survey\r \r Source : ft.com\r Read more...\u2018Bank of Son and Daughter\u2019 could pay dearly for retirement","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53455,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-mum-and-dad-to-lend-6-5bn-this-year-report-predicts\/","url_meta":{"origin":93371,"position":4},"title":"'Bank of mum and dad' to lend \u00a36.5bn this year, report predicts","date":"May 2, 2017","format":false,"excerpt":"\r Number of first-time buyers helped by parents is symptom of intergenerational inequality and \u2018broken housing market\u2019Parents are predicted to lend more than \u00a36.5bn this year to help their children get on the property ladder as first-time buyers continue to struggle to afford homes.This is a 30% increase on the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/give-millennials-10000-each-to-tackle-generation-gap-says-thinktank\/","url_meta":{"origin":93371,"position":5},"title":"Give millennials \u00a310,000 each to tackle generation gap, says thinktank","date":"May 8, 2018","format":false,"excerpt":"\r Resolution Foundation proposes \u2018citizen\u2019s inheritance\u2019 to help redistribute wealth to young Every person in Britain should receive \u00a310,000 when they turn 25 to help fix the \u201cbroken\u201d intergenerational contract between millennials and baby boomers, an influential thinktank has proposed following a two-year study.The payment, described as a \u201ccitizen\u2019s inheritance\u201d,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93371"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=93371"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/93371\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=93371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=93371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=93371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}