Bearing in mind long term average annual growth rate for a developed economy is about 3%. Madness.https://twitter.com/kimmaicutler/status/777555429370896384 …
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so the question is, is the UK worse with your yields, or us? https://www.ft.com/content/1d92b818-4426-11e6-9b66-0712b3873ae1 …
Both aren't great. Took far too long to phase out final salary pensions & pass over responsibility for pension to individuals.
UK only made this compulsory a couple of years ago. In Australia where I'm from this happened in *1990*
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