UK. ‘The current pensions system is not fit for purpose’
By Stephanie Hawthorne The death knell for defined benefit pension provision has been tolled many times, even if the final 'coffin nail’ has not quite yet been hammered into its lid. Millions of ordinary workers, from journalists, railway workers to shop assistants in WH Smith, enjoyed DB pensions without appreciating just how good a perk they were, until it was almost too late. What a failure in communications. Sadly, we have almost reached a tipping point when there will be no return...
