Did some searching earlier and yes the gap has narrowed but it's still there.

re: mortgages anybody on a low income can get help on a shared ownership house. It's not just for key workers like it used to be. As long as your a first time buyer and earning under 60k household income a year you can get one.

At current they do pay into their pensions. When the rates go up under this scheme they are going to pay more and get the same or less back.
My mum will be paying an extra 60% over what she does now and getting the same back. When she signed up to the pension scheme it was a final salary scheme. When you pay for something you expect it to be the same and not change.

I'll stick with explaination as it explains it perfectly.


Ask the hr manager or accountant in the firm you work for about your pension schemes. Most companies have one or have a look for one yourself from a private company?