Pension Crisis Threatens Young
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.