reform

Better governance needed

Promised ¥2trn education package

Attempts by both government and the industry to raise awareness about the importance of saving in a pension are still failing as around 60% of women do not contribute to a pension scheme, claims HSBC.

IFAonline is hosting special edition of IFAonlineTV next month which will see financial intermediaries discuss proposals for personal accounts with minister for pensions reform James Purnell.

After a long and (reasonably) quiet summer it seems the government, in particular the Department of Work and Pensions, has saved up all their best work for the autumn.

This morning we had a helpful report from centre-right think-tank Reform telling us young people have never had it so bad - my initial reaction to which was 'thanks for telling me the bleeding obvious'.

Those under the age of 35 face a bleak financial future in which half their earnings are taken by the taxman, a new report claims.