Bill Vasilieff: Combining the good parts of the retirement jigsaw

The double whammy of increasing longevity - though shouldn't that be a positive? - and the demise of defined benefit private sector pensions means we in the private sector have to look after ourselves financially for an ever-increasing timespan in old age. In effect, we now live in a two-tier society where the public sector get to benefit from a gold-plated final salary linked pension and the private sector are left to provide for themselves. It may not be as bad as it first appears, however - clients and their spouses who have worked in the private sector and paid national insurance con...