Inaction on pensions cannot continue

There are very few areas where the report-to-inaction ratio is as disappointing as in pension reform. 

One earnest report after another has urged action on inadequate investment and the genteel poverty facing many of us in old age. Each report has warned of the consequences of changing demographics.

Today there are 5.7 workers for every retired person but by 2040, that ratio falls to two workers for every retired person.