How widening inequalities signal a warning for the UK pension system
The government has made a commitment to “tackle all the inequalities that pervade our society” in “a fairer Britain, where everyone lives well for longer”. But what does inequality mean for pensions and, ultimately, for living standards in later life? That’s the question that underpins a report we published last month. For many people, income inequality is the first thing that comes to mind when we talk about inequality in the UK, and for good reason. The UK has had higher income inequality...