There are not enough existing taxpayers to fund the pensions of retirees.

Alan Collins

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While this may not be a particularly cheery message, there is unfortunately no magic wand that can be waved when it comes to pensions. Simply put, the only way to avoid having to work longer to fund your retirement is to save more and, in particular, start saving earlier. Read more of Alan Collins comments on a new era for UK pensions saving in the Scotsman

Alan Collins

Post by Alan Collins

Head of Trustee Advisory Services at Spence he provides actuarial, funding and investment advice to trustees and sponsors of ongoing defined benefit schemes.