Fair's fair: Do pensions make sense for millennials?

Has the next generation been left at a disadvantage?

clock • 4 min read

If we are serious about intergenerational fairness then we must design our pension system accordingly, writes Mike Morrison

I learnt a new word a few days ago - ‘millennial' - and now I realise that in the same way I fit into the world as a "baby boomer" defined roughly by when I was born, millennials were born in the last years of the twentieth century and the early years of the noughties (so to all intents and purpose either 20-somethings or not too far removed from that age group).    The FT recently produced a report on millennials entitled 'Millennials and their money with the subtitle "20-somethings feel financially doomed so do not save".    The report looked at the financial mismatch between what t...

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