Treasury undecided on whether to follow UK lead on pensions

Wed, 22 Apr 2015

No decisions have been made as to whether the Isle of Man will follow the changes being made to state pensions in the UK.

That's the admission from the Treasury Minister who says it's an issue which is currently being reviewed - the changes are due to come into force next year.

He was quizzed on the matter in Tynwald yesterday by Michael MHK Alf Cannan who says he isn't happy there is no definitive plan:

Eddie Teare denies being behind the time and says it isn't as simple as following suit and could leave government facing a huge bill: