Why the UK pension system is unsustainable and how it could be fixed

Peter Askins says a simple system of tax credits is the answer

clock •

Independent Trustee Services director Peter Askins says a simple system of tax credits is the best way to make sure people have enough money in retirement

Let me begin by saying this is not another piece about sustainability in terms of ethical investment or the environment. It poses the question 'is our system of providing income in later life econo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

DWP to change terminal illness definition for pension tax purposes

DWP to change terminal illness definition for pension tax purposes

Move will bring benefit and pension tax rules at end of life into closer alignment

Jonathan Stapleton
clock 15 October 2026 • 2 min read
Torsten Bell: Pensions industry must 'give ground' to what savers trust

Torsten Bell: Pensions industry must 'give ground' to what savers trust

Torsten Bell says what the industry is doing is a ‘triumph’, but there must be transparency

Holly Roach
clock 15 October 2026 • 1 min read
Jeannie Drake: Everyone must play their part in resolving adequacy challenge

Jeannie Drake: Everyone must play their part in resolving adequacy challenge

Pensions commissioner says resolving the challenge is not exclusively one party’s job

Holly Roach
clock 13 October 2026 • 1 min read
Trustpilot