Wells Street Journal: Aunty’s Twitter Farce

The BBC has been under plenty of scrutiny over the past week, agonising over whether or not to sack a man for punching another man.

So perhaps it was with an eye on less contentious territory that the Beeb launched itself into providing information on next week’s pensions reforms.

Radio 5Live sought to illuminate the options for soon to be pensioners with a handy graphic attributed to the venerable Press Association.

This was then distributed via social media to @BBC5live’s 500,000 followers.

Red faces all round then, considering the four options laid out were almost exclusively nonsense.

“Take up to 25 per cent of pensions savings tax free – either all in one go or in several instalments,” the Beeb cheered, in a manner suggesting confidence.

“Take the lot in one go – pensions savings remain invested, enabling withdrawals when you need it,” the beneficiary of your license fee pronounced, hoping no-one would ask questions.

“Buy a retirement annuity – charged by their marginal rate of income tax,” Aunty ventured, starting to look like she might be dribbling.

“Opt for flexible income drawdown – for a guaranteed income,” the nation’s broadcaster suggested, barely cognisant of the words tumbling forth.

The offending imagery was, of course, deleted and replaced with accurate information but it remains stored in the WSJ archives to be deployed as and when requirements arise for a bizarre tax-payer funded farce.



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