This country has no savings policy, says IoD

The IoD policy paper, Roadmap for Retirement Reform 2012, said it is "rather suprising" there is no policy given there appears to be consensus that Britain's savings culture need to change. "If we agree that, over time, we need to change the nation's culture and habits away from instant gratification towards saving, to achieve a society based on assets rather than debt, then it is rather surprising that there is something missing today from government to support that," the report reads. "There is no savings policy". Instead, the IoD paper argues, there have been a "series of initiativ...