UK not alone for pensions reform

Whereas in fact, a cursory glance will often tell you there are many other people in the same boat. So it goes with pensions. Over the winter months we will all be discussing the Government’s pension reform proposals for auto-enrolment and obligatory employer contributions. But if you have a look further afield in Europe, other countries are going through similar experiences. Take Romania for example. As part of the overhaul to their pension system from next year, Romanians under the age of 35 will have to contribute to new private pension plans. Initially, the contribution will be 2% of...