Where are we now?
The UK is facing a stark demographic challenge. We're living longer but not working longer. People retiring today are likely to spend nearly twice as long in retirement as previous generations. While it is good news that we are living longer and healthier lives, these changes mean that we cannot rely on the existing pension system to support us in retirement.
How we meet the challenge of an ageing society - and what it means for lifetime incomes, savings and how long we work is an issue for us all. We all need to get involved and think about how we can build a fair and sustainable pension system for the future - so that we can all enjoy the years when we are no longer working. This is your opportunity to take part in the National Pensions Debate online. The purpose of the National Pensions Debate is to listen and share the challenge we face and ensure we all have ownership and understanding of the possible solutions.
You can use the menu buttons to the left of the screen to learn more about the issues that we will face in retirement and to have your say on how the pension system might be reformed.
To see the options available visit What can be done.