Solving the pensions puzzle

Will the latest state intervention help clarify pensions through the ages?

Shakespeare maintained that there were seven ages of man, sweeping from cradle to grave. As in so many things, he may well have been right (even if he did exclude women from his reckoning), but a working life can be divided in many other ways. There are the two ages to a working career; the age in which one is indifferent about retirement and the age when retirement, and how to pay for ...