A UK white paper compares public pension funds to Ponzi schemes

By Wed, Feb 16, 2011

In a new think tank report, a former JP Morgan banker and Towers Watson consultant suggested that unfunded DB pensions in the U.K. should be closed by 2020 and replaced with "nominal DC schemes."

Already a subscriber? Log in here

This article is FREE for you...

Create a free account to access this article and get more Retirement Income Journal information sent to you by newsletter.

Or, subscribe now for unlimited access and a free book sent to you!

By submitting your email address you agree for Retirement Income Journal to send you communication by email