Technology entrepreneurs may be key to fixing pensions vacuum

A bugbear of mine is the notion that people at work, and especially those starting out, have to be enticed and encouraged to start up savings or pension plans that allow them create a pool of wealth to fund quality of life as they get older.

The effective abolition of defined benefit schemes has created a void for those joining the workforce compared to previous generations.

In decades past you were usually automatically included in a scheme when starting work so bothering about it was not a priority. It was simpler then to focus on how the rest of your take-home pay was allocated between mortgages, cars, holidays or whatever takes your fancy.