A rose-tinted future

Over the next few years, the government will push through its pensions reform agenda. The introduction of auto-enrolment and mandatory employer contributions for most employees certainly addresses the 'supply side' of why people are not saving more for their retirement. Although these measures are needed to encourage more people to save more money, the talk so far has been about schemes and contributions, rather than addressing the 'demand side' and the culture change that's needed to make pensions reform a success. The UK seems to have lost its savings habit. Figures recently released by...