Employers should cut pension and up salaries - Neuburger

Speaking at a Cityforum Round Table event last week in a presentation entitled “The Changing Workforce – Implications for Pensions” Anthony Neuburger said its was ludicrous to heap the responsibility on employers to provide pensions and bridge the savings gap. As a professor of finance at the University of Warwick Business School, Neuburger argues firms should bare the cost of pensions if they are seen as beneficial rather than out of duty. He suggests allowing employers to cut pension schemes and instead up wages would be more beneficial for both parties, as jobs offering a higher sal...