Lunchtime – Government Actuary’s Department presentation with predictions for the future of our State Pension system and National Insurance Contributions. A very comprehensive and frankly demanding review giving us a number of options, in essence we are looking at sustainability in the short medium and long term trying to ensure that no one loses out and the same is affordable.

The outcome was really that there are many variables so nothing can be construed as a permanent fix and the same will be debated in Tynwald probably in July to set the scene for the next administration and try and ensure that this time it does not get kicked into the long grass.