City of London chief warns AE cannot save 'doomed' system

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Auto-enrolment will not be enough to close the pension savings gap and compulsory pension saving "should have started decades ago", a City of London chief warned.

Kenneth Ayres, the new Chief Commoner of the City of London, said the government's raft of reforms, including those to state and private pensions will not prevent the state being "overwhelmed" by t...

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