Talk of the success of ‘auto-enrolment’ pensions is so much hot air if you look at the real-world inequalities. In most companies, contributions to the bosses’ pensions are vastly higher than for those lower down the corporate food chain, in the case of Lloyds Bank, around 40% higher. Let’s face it, nothing has and nothing will change while they have a choice in the matter. But come the revolution…
“Why you should never retire”
On my 50th birthday, I will always remember, amongst the card or two I received was a letter from Saga’ who’d managed to find out my age through the wonder of the internet, and were pleased to tell me I now qualified to join my parents and go on holiday with them.