Neil MacGillivray: Bleak future beckons for state pension
Neil MacGillivray, chairman of the Association of Member-directed Pension Schemes and head of technical support at James Hay Partnership
The Office of Budget Responsibility (OBR) has recently issued its annual Fiscal Sustainability Report. This report looks at how government spending and revenues may evolve over the next 50 years and how this will impact on public sector net debt.
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