In a culture in which everything has a price, anything not priced has no value and market forces rule. In this issue I argue that to overcome our chronic underinvestment in social infrastructure – and the challenge of climate change - we need a cultural paradigm shift, based on our common interest in a sustainable future.
Not since the Second World War has the future looked so unclear. It'll take a long while to recover but we're determined to Build Back Better. What direction should future pension provision take?
Master trusts have mushroomed in the past decade as employers looked for a cost-effective solution for auto-enrolment. Economies of scale make it possible for members to minimise charges while building their pots. But when it comes to spending their pension savings, there are no such economies.