In some countries – Argentina, Hungary, Portugal – governments have already expropriated private-sector pension funds as a means of dealing with serious financial problems. There are “warning tremors” that such policies of seizure could spread to developed...
Britain’s workforce needs “a new age of personal responsibility” to avert the looming pensions crisis, the latest Friends Life Visions of Britain 2020 report, entitled “Pensions: The Root Problem”, warns today. Neither workplace savings...
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