Britain had a vast, unfair transfer of £36 billion in wealth and no one is talking about it...

If the government proposed a law that cut the amount your employer had to pay into your pension each year from an average of £7,400 ($9,675) to just £1,071, people would be angry.

Now imagine how angry people would be if this law only applied to 76% of people. The other 24% get to keep accruing their big pension deals, while the rest of us suffer.

This hypothetical law would save corporations £36 billion in annual pension contributions, keeping that money as profit or distributing it to stockholders as dividends.

Any prime minister who proposed such a law would get laughed out of Parliament. Aside from its rank unfairness and the severity of the reductions, it would leave future generations of employees unable to retire, creating a time-bomb of senior-citizen poverty for the future.

 But these numbers are real, the law is in force right now, and the act that created it was passed largely unnoticed in 1986 under Conservative Prime Minister Margaret Thatcher. Full story...

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