Topic updates

Pension Crisis Threatens Young

Geoff Riley

6th July 2017

Actuaries and economists are in agreement. Rising longevity means that people born this year are projected to live - on average - to more than a hundred. But pensions systems designed for more than 10 people in work supporting each pensioner are now under huge stress.

This short FT video looks at some of the other factors that lie behind the widening retirement savings gap across many countries and the interviewee argues that individual enrolment into pension schemes should be the default choice rather than optional.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.