BRITAIN must get out of the EU to protect pension pots and prevent the creation of a federal tax system, voters have been warned.
Edi Truell, former chairman of the London Pension Fund Authority and founder of the Pension Insurance Corporation, has said that he is backing a Brexit to protect British pensions.
His stark warning over the terrible cost of staying in the EU comes amid further revelations that Brussels wants to take control of the British tax system with a European tax code imposed across the 28 member states.
Mr Truell, now chief executive of Disruptive Capital Finance but who was in charge of one of Britain’s biggest public sector pension pots covering 130,000 people and with £18 billion worth of assets, said that Brussels will demand “15 times the entire British defence budget” from the UK when it takes control.