How do we defuse the pensions minefield?

People are putting off saving for retirement because the system seems complicated and arbitrary, and if we don’t sort it out, we’re in real trouble.

Pensions may not be the most exciting subject in the world, but of late they have had their fair share of media coverage. There is now an acknowledgement that something must be done to deal with our ageing population’s financial needs.The consensus is that to stave off the pensions timebomb, more of us need to supplement the state provision with private pensions. For decades we’ve had report after report outlining how this should ...