Employers key to young people saving

On the same day as James Purnell, Minister for Pensions Reform, highlighted ways for young people to avoid becoming the ‘live fast, die poor’ generations, JPMorgan reveals 25% of 18 to 34 year olds would opt out of the proposed personal accounts. In his speech at an event hosted by the Institute of Public Policy Research (Ippr), Purnell claims the introduction of personal accounts will make the system easier for people to understand while improving the current savings culture of those not saving enough for retirement, mainly those in their twenties and thirties. But JPMorgan INVEST says...