Workplace Pensions Are At Risk… And So Is The Uk’s Lifeboat Fund
Former UK pensions minister Steve Webb, who made headlines back in 2014 when pension freedoms were introduced by suggesting that it was ok for pensioners to blow their pensions on a Lamborghini, has issued a warning about the fragility of the UK’s Pension Protection Fund. The Pension Protection Fund is frequently described as a ‘lifeboat’…