{"id":36218,"date":"2014-01-28T19:04:06","date_gmt":"2014-01-28T12:04:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-word-pension-must-go-under-30s-need-a-new-way-of-retirement-saving\/"},"modified":"2016-11-28T14:15:57","modified_gmt":"2016-11-28T07:15:57","slug":"the-word-pension-must-go-under-30s-need-a-new-way-of-retirement-saving","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-word-pension-must-go-under-30s-need-a-new-way-of-retirement-saving\/","title":{"rendered":"The word 'pension' must go. Under-30s need a new way of retirement saving"},"content":{"rendered":"


\nPensions aren’t working for my generation, says Katie Morley (aged 25). Here’s what she would do to fix the systemBritain’s broken pension system is going to fail my generation and I want something to be done \u2013 before it’s too late. Radical reform is needed now, or millions of young people will be in serious danger of a poverty stricken old age.There is so much wrong with pensions it is hard to know where to begin. They are complicated, opaque and inefficient, so it’s no surprise that young people don’t trust them.\u00a0The government knows this, but has been tiptoeing around the industry and its bloated profit margins for too long. Its failure to make the industry play fair is seriously threatening the future security of young people, while money managers enjoy champagne lifestyles and get to keep their shareholders smiling for a bit longer. Continue reading…
\n
\nSource : theguardian.com
\nRead more…The word ‘pension’ must go. Under-30s need a new way of retirement saving<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Pensions aren’t working for my generation, says Katie Morley (aged 25). Here’s what she would...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-36218","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9qa","jetpack-related-posts":[{"id":71555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-shows-pensions-future-neednt-be-a-grim-one\/","url_meta":{"origin":36218,"position":0},"title":"Nationwide shows pensions\u2019 future needn\u2019t be a grim one |","date":"November 11, 2017","format":false,"excerpt":"\r The building society launched a campaign that has boosted contributions and made staff more engaged with its pension schemeBritish pensions, as we reported recently, are among the grimmest in the developed world. The golden generation that retired with guaranteed final salary-style schemes is being replaced with a generation pauperised\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-the-10-point-action-plan-to-take-advantage-of-the-new-rules\/","url_meta":{"origin":36218,"position":1},"title":"Pensions: the 10-point action plan to take advantage of the new rules","date":"January 5, 2015","format":false,"excerpt":"\r You don\u2019t have to be on the point of retirement to be thinking about how you will survive once you stop workNext April will see the biggest, and most popular, reform to pensions in more than a generation. Any requirement to buy an annuity \u2013 much hated because of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-fairness-to-next-generation-demands-that-we-adapt-to-new-realities\/","url_meta":{"origin":36218,"position":2},"title":"Pensions fairness to next generation demands that we adapt to new realities","date":"March 2, 2016","format":false,"excerpt":"\r People living longer raises alarming cost implications for pensions. We can\u2019t keep ducking a serious conversation about itThe fastest way to stop people reading an article is to type the word \u201cpensions\u201d. But I\u2019m going to persist today in the hope that it may help prevent you making the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-system-favours-the-richest-letters\/","url_meta":{"origin":36218,"position":3},"title":"Pensions system favours the richest | Letters","date":"March 9, 2016","format":false,"excerpt":"\r Polly Toynbee\u2019s theory (Opinion, 8 March) that the chancellor caved in on reform of pension tax relief to a selfish pension industry suffers from one small problem \u2013 it isn\u2019t borne out by the facts. It is certainly true that the \u201cpension Isa\u201d option initially favoured by the chancellor\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/frank-field-condemns-plan-to-dump-bernard-matthews-pension-scheme\/","url_meta":{"origin":36218,"position":4},"title":"Frank Field condemns plan to 'dump' Bernard Matthews pension scheme","date":"September 20, 2016","format":false,"excerpt":"\r Move is part of proposed purchase of food business that would see retirement scheme passed on to Pension Protection FundThe chair of parliament\u2019s work and pensions committee has called on regulators to intervene against the \u201cdumping\u201d of a retirement scheme for current and former workers at Bernard Matthews, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/injustice-of-retirement-age-change-for-women-letters\/","url_meta":{"origin":36218,"position":5},"title":"Injustice of retirement age change for women | Letters","date":"February 29, 2016","format":false,"excerpt":"\r Identifying with Gaby Hinsliff\u2019s notion of \u201cknackered older women\u201d directly affected by the austerity pension cut, including the Tory MP Nadine Dorries, I certainly feel part of the \u201cwronged generation\u201d (Opinion, 26 February). Having worked as a teacher full time and then part time after having children, I am\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36218"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=36218"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36218\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=36218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=36218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=36218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}