The responsibility is yours

In recent years we have seen a gradual but persistent shift of responsibility for retirement planning away from institutions - principally the Government and employers - onto individuals. State pension reform will make some Government provision more generous - including earnings-linking of the basic state pension and less onerous qualifying rules - but they are part of a package designed to be cost-neutral. State pensions will start later than at present, and higher earners will receive lower payments from the state second pension. At the same time, there is continuing erosion of defined ...