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The pensions system in the UK and many other countries was set up at a time when expectations over life expectancy, investment returns, inflation and general views on government and companies were all vastly different from where we are today. Adjustments over time go some way to address these changes but generally have other unintended consequences and our current system is unlikely where we would have ended up if we had designed something holistic from scratch. One of the themes for the Frank Redington Prizes is “What would be a sustainable and effective UK pension system for the people?” and this webinar will explore some of the themes around this question. |
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