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Pensions report: 50 shades of grey

Demographic change is a spur to action

By Tom Clark   April 2020

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We’re approaching the start of the first full tax year of the 2020s, a decade in which pensions loom larger than ever—in terms of both the public finances and raw politics. For it is during the next 10 years that the ageing of the great demographic bulge of baby boomers will really make itself felt; by 2030, they will overwhelmingly be of pensionable age, at least as it used to be defined, and the oldest part of the cohort will be heavily reliant…

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