Earlier this month, IFoA immediate-past president Colin Wilson penned an article entitled The pensions industry risks betraying Generation X for Pensions Expert
Earlier this month, IFoA immediate-past president Colin Wilson penned an article entitled 'The pensions industry risks betraying Generation X' for Pensions Expert, part of the FT group (see bit.ly/2pa5iw8).
The comment piece begins by asserting that the intergenerational contract - the long-held view that any generation will and should be better off than the one that preceded it - is broken. It goes on to explain that Generation X has been unlucky enough to start saving after defined benefit pensions were already in decline and is also in a position where auto enrolment may have arrived a decade too late.
We have been very active in the debate around intergenerational fairness, as it touches on so much of the policy work we do at the IFoA. If you haven't seen them, do take a look at our series of intergenerational fairness bulletins, which focus on Health and Care, Pensions and Climate Change: bit.ly/2DxW2Xm
In April, we're hosting an event with the Foundation for Democracy and Sustainable Development, entitled 'Will the future blame us? Bringing future generations into today's politics'. It will look at the potential legislative levers for encouraging the explicit consideration of intergenerational issues in policymaking, including consideration of those not yet born.