'Pensions are finished': Michael Johnson calls time on traditional retirement product

Jenna Towler
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The Budget reform package coupled with generation Y's complete disengagement from traditional retirement saving has effectively killed pensions in their current form, according to Michael Johnson.

The Centre for Policy Studies fellow said "pensions are finished" and reiterated his call for a lifetime ISA product to be introduced in the UK. He also said the current "regressive" tax relief ...

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