Rethinking the pension problem

DAVID BLAKE

David Blake, professor of pensions economics at City University, has radical views on pension reform

One of the biggest problems facing pensions is expectations of life in retirement are running way ahead of willingness to pay for it and for government adviser professor David Blake, psychology is the way to marry the two up. Blake, newly installed as professor of pensions economics at City University and adviser to several government departments, is leading research into how to boost the savings rate in the UK and across Europe. He is convinced there has to be a change in the way pensions are structured and sold if Britain is to avoid retirement poverty in future generations. Blake argu...