Reforming the right way

Two years ago, Adair Turner sent out a very stark message to the UK. Not enough people were saving for their retirement and action had to be taken. This could be working for longer, taxing people more to cover the higher state pension burden, or people saving more money. Or more likely a combination of all three. The UK Government took the bull by the horns. It introduced changes to state pensions, and now a legislative bill of proposed changes to private pensions, requiring all employers to auto-enrol most of their employees into a pension scheme and pay a pension contribution for them. ...