Age-old problem of pensions and a shrinking workforce

In 25 years, the UK will have 2.8 people of working age to every one retired, versus 3.2 today. An old story, you might think. Except that the story keeps getting worse
The financial crisis has ravaged employer-based and private retirement savings, forcing workers to rethink their pension plans and even to defer retirement
This multimedia feature explores the dilemmas faced by individual savers, companies and governments. Our experts advise on how to rebuild depleted pension savings and offer potential solutions to the international pensions time bomb
Number of schemes continues to fall, says manufacturing employers’ association survey
Falling bond yields spell trouble for FTSE 100 and FTSE 350 company pensions
The number of workers saving for retirement through private sector defined benefit pension schemes slipped last year, while the number of those employed in the public sector and saving through a similar scheme rose
Pensions Regulator says 30 per cent of defined contribution pension schemes have breached at least one requirement to disclose information to members
Support for the over-60s must be cut to avoid draconian spending cuts that politicians will find impossible to make, says think-tank

In 25 years, the UK will have 2.8 people of working age to every one retired, versus 3.2 today. An old story, you might think. Except that the story keeps getting worse
Rod Newing on a thorny issue that can impede a successful restructuring
Fund managers have had a bad year with only four posting gains in assets managed for UK pension funds

Fireworks over Edinburgh were nothing to do with the festival but Royal Bank of Scotland final salary pension scheme members angry at plans to curb retirement benefits
Improbable as it may seem, just two years ago employers’ groups were beginning to badger government bodies about their biggest concern: pension surpluses
When the Bank of England announced its plans for quantitative easing last month, it had one unintended consequence, it forced companies to take a fresh look at pension liabilities