Summary
Workers in their fifties will be early losers if shadow chancellor George Osborne lifts the state pension age from 65 to 66 in 2016, as he promised at the Conservative Party conference.
But the grim fact is that most workers, outside final salary company pension schemes and or public sector pension schemes underwritten by taxpayers, have lost a big chunk of the income they might have expected when they stop work.See the full content of this document
Extract
Not Saving Will Prove Costly
Brian Wood, co-author of the book Beat The Pensions Crisis, says there has been a fundamental shift in the cost of pensions in the last generation.
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