What does Fred say about pensions?

Do the maths with me over Fred the Shred. A £703,000-a-year pension and he is 50. The life expectanc...

Do the maths with me over Fred the Shred. A £703,000-a-year pension and he is 50. The life expectancy of someone like him is about 85, but on the basis it is not that much hard work losing billions of pounds (just ask Gordon Brown) he will probably live until he is 90. So that is 40 times £703,000, which is just over £28m and let's not argue about the loose change. Is this a scandal? Well it is a scandal that we, the taxpayers, are forking out for this; it is even more of a scandal that the Government is trying to con the public into thinking it is going to do anything about. But in t...