Reforming state pensions is the top priority in tackling the major pensions dilemmas facing the UK, ...
Reforming state pensions is the top priority in tackling the major pensions dilemmas facing the UK, Pensions Policy Institute says. In a report published today, PPI criticises the current state pensions system demming it too complex, not satisfactory enough and with current forecasts for future spending BOTH "unrealistically low" and "socially unacceptable". While the UK currently spends less than most other countries on state pensions, the report shows that the nation has an "uncomfortably" large amount of pensioners living in poverty. Emphasising the need for "fact-...
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