Call for action on pension 'time bomb'
Almost three-quarters of Britons say all three political parties are "missing the point" on pensions, according to a poll for wealth manager Brewin Dolphin. The survey, by ComRes, found that 70 per cent of people agree that none of the political parties have so far done enough to explain their policies on pensions.
A majority (62 per cent) said the next government should use the tax system to encourage people to invest in private pensions. Some 51 per cent thought the next government should cut the amount spent on public sector pensions, where the UK's liabilities are estimated to be £1.071 trillion. Campaigners warn that Britain faces a "pensions time bomb" with private sector employees failing to save enough to fund their retirements.
Final salary pensions, which guarantee a members' income when they finish working, have all but vanished in the UK. Last week insurer Aviva closed its scheme to existing staff.
ComRes interviewed 1,024 British adults by telephone between 16 and 18 April 2010.
- 1 Should Apple buy Greece?
- 2 Michael Douglas regrets 'embarrassing' Catherine Zeta-Jones with oral sex comments
- 3 Drummer Lee Rigby's family reject 'extremist' groups using Woolwich murder for political gain
- 4 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 5 Fox News anchor asks 'what's to prevent' three people from marrying after same-sex marriage legalised
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Extend Right To Buy to tenants of private landlords, Labour's Jeremy Corbyn says
David Cameron struck double blow in his hopes to win Britain a new EU deal
Pentagon accuses Russia of 'playing with fire' over nuclear threats towards Nato
iJobs Money & Business
£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...
Negotiable: Recruitment Genius: This extremely successful and well-established...
Competitive with monthly bonus: Guru Careers: We are seeking an experienced FX...
Competitive (Freelance) : Guru Careers: An Investment Writer / Stock Picker is...