Put simply, unless we act, tomorrow’s pensioners will be poorer than today’s, because people who are saving aren’t saving enough for their retirement. And crucially, because almost half of the working-age population isn’t saving anything for their retirement at all.”
It’s fair to say that the secretary of state for work and pensions, Liz Kendall, has had a challenging time of it since she took her first ministerial job a little more than a year ago. But that doesn’t mean that everything she says is wrong – or that every initiative she takes should be doomed.
