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October pensions supplement: Lessons from abroad

Could Britain learn valuable lessons from Sweden?

By Robert Ellison  

© befa

The destruction of the UK’s private pension system over the last 20 years will strike historians and policymakers in years to come as deeply puzzling. Like most developed countries, we have an ageing population, though not quite on a level with Japan. Like some other countries we have a below-replacement birthrate, at around 1.7 per woman of child-bearing age, although not as low as Russia. But unlike most other countries, until relatively recently we had a decently-funded and adequate workplace pension system. Sadly, the UK private…

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