Gov’t Pension Plans Could Worsen Inequality, Expert Warns

By Martin Croucher (October 19, 2023, 3:37 PM BST) — The U.K. could risk exacerbating social inequality by rolling out new collective pension plans more broadly, an expert in the sector said Thursday, warning that so-called third-way schemes mean low-income workers would effectively subsidize the retirement benefits of wealthier members….

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