Main menu For students For teachers Explore our subjects Student events & courses

Teaching Economics

Topic updates

Pension Crisis Threatens Young

Geoff Riley

6th July 2017

Share this content:

Actuaries and economists are in agreement. Rising longevity means that people born this year are projected to live - on average - to more than a hundred. But pensions systems designed for more than 10 people in work supporting each pensioner are now under huge stress.

This short FT video looks at some of the other factors that lie behind the widening retirement savings gap across many countries and the interviewee argues that individual enrolment into pension schemes should be the default choice rather than optional.

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.