Fair's fair: Do pensions make sense for millennials?

I learnt a new word a few days ago - ‘millennial' - and now I realise that in the same way I fit into the world as a "baby boomer" defined roughly by when I was born, millennials were born in the last years of the twentieth century and the early years of the noughties (so to all intents and purpose either 20-somethings or not too far removed from that age group).    The FT recently produced a report on millennials entitled 'Millennials and their money with the subtitle "20-somethings feel financially doomed so do not save".    The report looked at the financial mismatch between what these...