Ageing population prompts support for compulsory pensions

Government funding, expected to be sufficient for 10 to 12 years of pensions, now has to last for 25 to 40 years

A major survey on the Future of Retirement was recently published by HSBC, where the bank is supporting ongoing research at the Oxford Institute of Ageing, at the University of Oxford. Its latest report entitled “Investing in Later Life” looks at preparation for old age by pre-retirement and post retirement generations.