Longevity 14: CDC urged as solution to demographic challenges and 'insolvent' state system
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.
Individual defined contribution (DC) accounts are storing up problems for generations to come, they said, but the UK "still has time" to reform retirement savings and make future retirees less dependent...
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