The only way to reduce UK public debt to pre-crisis levels is to increase state pension age to 70 by 2046 and implement a further £20bn of spending cuts, PwC says.
In a paper published ahead of the Office for Budget Responsibility's first detailed report on long-term UK fiscal sustainability, which is due next week, analysis by PwC revealed if current policie...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
