ACA calls for retirement at 70

ACA says a successful voluntary pension provision is still attainable on grounds of a better basic pension, while enabling greater ‘flexibility’ for private schemes. The group stresses the need for higher savings and a higher retirement age, adding that higher taxes and/or NI contributions are also an inevitability. ACA chairman, Adrian Waddingham says: “The other option -allowing pensioners to become relatively less well off compared to the working population - is unacceptable, although this will happen if the government is indecisive in addressing the hard choices raised by the Com...