Contrarian Investor: Preparing for a demographic crunch

clock
Contrarian Investor: Preparing for a demographic crunch

The pensions crisis is a bit like the one currently afflicting the NHS: it never seems to go away.

As George Osborne starts his new job advising BlackRock, perhaps he might take some time to ponder the mess we are all about to stumble into.  I refer not to the DB meltdown, nor the real challenges facing those in their sixties looking to find work, nor even the challenges that come from giving pensioners more choice.  No, the peak pensions challenge I refer to is the simple reality that collectively we have not saved enough to fund our aspirations for the third age. One of the more interesting exercises is to download the birth data for England and Wales and then chart the ebb an...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot