US - Democratic presidential candidate Senator Barack Obama has his outlined plans to strengthen social security, in a roundtable with Las Vegas residents.
Barack wants to create automatic workplace pensions to make it easier for Americans without employer-based retirement plans to save.
He has also said he will ensure private companies properly fund their pension plans and reform bankruptcy laws.
Obama spoke to six residents, some who raised concerns that their employers could file for bankruptcy in the future, eliminating all of their benefits in the process.
"Today, even if you work hard and play by the rules, you risk losing everything if your company goes bankrupt," said Obama.
"Instead of protecting your pension, our laws protect banks by making it easier for companies to shed their obligations to retired workers. It's time for that to change."
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.