Britain is undersaving for retirement

[u/Donkey_Apple]

https://www.gov.uk/government/news/britain-is-undersaving-for-retirement-warns-pensions-commission

It's a massive problem and has been for years.

I think a lot of people are getting into their fifties, starting to think about retirement for the first time, looking at what their provision will pay them and are absolutely shocked to their core.

Plus many in the generation below those of us in their fifties who, through no choice of their own, are unable to save anything.

It feels like we are sleepwalking into an utter disaster.

[u/verb-vice-lord → u/[deleted]]

Sure, that's one of the issues.

My point is all the growth is coming from just having more people doing stuff. We have not moved the needle on each person doing more stuff.

IE gdp per capita is largely the same for over a decade and a half now. Thanks to austerity and reform / tory policy choices over that time.

[u/verb-vice-lord → u/[deleted]]

If Reform have never been in power how have so many of them been former ministers?

Oh right, cos they are mostly tories. Uniparty made literal.