Even this Labour minister admits Britain is 's---' for under-50s

Contributing sentiments towards policy:

51% : Typically, pensioners' incomes in Britain amount to just over half their prior working wage, compared to around two thirds in the OECD and more than 70pc in the EU.
51% : By tying the state pension increase each year to the highest of inflation, average earnings or 2.5pc, it guaranteed that, over time, pensions would ratchet up compared to the pay of the workers whose taxes fund the payment.
48% : Those in receipt only of the state pension - with no private incomes - will be spared paying income tax even when the triple lock takes their annual payments above the threshold of £12,570 in April 2027.
42% : A £4.8bn crackdown on salary sacrifice means their savings are also being targeted for tax.
32% : Six figures is also the level at which the tax-free allowance starts to be withdrawn, leading to a marginal tax rate of more than 60pc.

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