I agree with the above. Pensions are, or used to be, part of a package to attract and retain staff. Let’s not also forget that pensions were an investment tool for the employer from which they gleamed huge rewards from investing the money paid. Those returns, in turn, contribute to the amount...
The original question being "who is to blame for UK personal debt mountain?" You have to apportion blame to both sides. As already stated, an individual has to take responsibility to ensure that he/she can afford the borrowing in the first palce and to also safegaurd themselves should...
I agree with the above. Pensions are, or used to be, part of a package to attract and retain staff. Let’s not also forget that pensions were an investment tool for the employer from which they gleamed huge rewards from investing the money paid. Those returns, in turn, contribute to the amount...
The original question being "who is to blame for UK personal debt mountain?" You have to apportion blame to both sides. As already stated, an individual has to take responsibility to ensure that he/she can afford the borrowing in the first palce and to also safegaurd themselves should...