Pensions - Articles - Comment on BBCs verdict to end free TV licences for over 75s


Please see the below comment from Steven Cameron, Pensions Director at Aegon, on the BBC’s decision to go ahead with a plan to end free TV licences for most over-75s from 1 August.

 “The BBC’s announcement that it will go ahead with plans to end free TV licences to those over 75s who are not entitled to pension credit from 1 August, after a 2 month delay, has once again stoked intergenerational tensions. Coming at a time when many over 75s will be particularly concerned over the health risks of being out and about doesn’t help.

 The BBC has to meet its expenditure from TV licenses, and a U-Turn once again offering free TV licenses to all over 75s, whatever their income or wealth, would mean less to spend on programmes or an increase in the license fee for others including some in younger generations who may be equally stretched. Most pensioners have to get by on a fixed income and there will be some over 75s, not entitled to pension credit, who’ll face a real challenge in meeting the extra costs from 1 August.”

Back to Index


Similar News to this Story

Hedging comes good as yields fall
Fully hedged scheme sees funding level increase by over 1 full percentage point through February to reach strongest position since 2022. 50% hedged sc
Strong underlying support for auto enrolment reform
Over two in five (43%) business leaders say that the minimum workplace pension auto-enrolment contribution level should rise, with nearly three quarte
Master trusts to prepare for future scale requirements now
TPR sets out principles for how trustees can assess their scheme’s growth potential and prepare for proposed new scale requirements under the Pension

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.