Over the last three decades major events, scandals and regulations have shocked the pension system. Have the public lost faith in occupational and private pensions? Should the state pension be enough to see us through our old age? And with the non-working to working ratio continuing to rapidly increase, who will pay? We hear from those that were directly affected by the scandals of the 90's and the collapse in private pensions since - and from the experts whose job it is to help us make provisions for old age. This material forms part of The Open University course DB234 Personal investment in an uncertain world
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Transcript -- In 1995 the government introduced a pensions regulator to oversee the schemes, their task was to ensure that these scandals didn’t re-occur.
Transcript -- How did the decline of the world equity markets damage final pension schemes? What precautions should have been taken when times were good?
The Open University’s Martin Upton, Jonquil Lowe and Alan Shipman discuss the ideas and developments in the UK pension industry and future plans to secure provisions for old age.
Transcript -- The Open University’s Martin Upton, Jonquil Lowe and Alan Shipman discuss the ideas and developments in the UK pension industry and future plans to secure provisions for old age.
Mar 29, 2010
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