David Kingman explains the precarious situation in the US city of Detroit, which is having to take unprecedented steps to try to stave off bankruptcy
Category: Pensions
Cameron reiterates promise to protect universal OAP benefits
The Prime Minister has again issued his support for the status quo on OAP benefits, despite mounting opposition from some of his colleagues. David Kingman comments
The House of Lords “Ready for Ageing?” report
The longevity explosion has received the attention of these wise, but older people. Angus Hanton assesses the outcome
New research shows many retirees would like to continue working
David Kingman examines some new findings which suggest that a significant proportion of people who are planning to finish working this year may be “reluctant retirees”
Are young people being “indentured” or “enslaved” to support the older generation?
Angus Hanton feels the dice are loaded against the young, and government action is required if we are to avoid a breach in social cohesion
Could notional defined-contribution accounts save the pension system?
David Kingman offers a possible solution to the crisis facing state pension systems around the world
Old-age care: who pays?
The social care costs of old age are an intergenerational conundrum. Why should younger generations pay for the care costs which the baby boomers have spectacularly failed to provide for themselves? But, as Antony Mason argues, they too need a robust and sustainable system to cater for their own old age
Public sector pension burden even worse than feared
David Kingman explores some new research which suggests that the cost of public sector pensions could be even higher than previously estimated
Cameron extends commitment to protecting pensioner benefits
David Kingman reports on another pledge from the Prime Minister to protect universal benefits for pensioners
Illinois pension crisis reveals dangers of underfunding schemes
David Kingman explains the crisis facing the Illinois pension system, which threatens to fatally undermine the state’s finances