Workplace pensions — a role for the future

Rory Murphy reflects on changes to workplace pensions over the last three decades

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Rory Murphy
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Rory Murphy

For all the challenges UK pension funds have faced in the last 30 years or more, we shouldn’t lose sight of the fact that workplace pensions have been a great welfare success story.

Average pensioner incomes, excluding housing costs, have doubled in real terms since 1994 - an achievement largely attributable to workplace pensions and the work of trustee boards. But times ha...

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