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At almost all big American companies, executives belong to pension plans other than the basic company scheme.
This has pushed up the aggregate UK company scheme deficit to £945bn, the worst it has ever been.
The sad reality is that even those who have diligently paid in to their company scheme since they were 30, are facing a bleak future.
Our reforms are also designed to help those excluded because they are caring, disabled or work for a business without a company scheme.
Should the relationship be formal or more personal, and should you work within a company scheme or organise it for yourself?
"The onus is on you to take control of your pension saving, regardless of whether it's a company scheme, personal pension or a self-invested personal pension".
Similar(37)
Low-cost stakeholder pensions have been introduced for those excluded from company schemes.
Even those in company schemes can put extra money aside in a Sipp.
The demise of such company schemes stands in sharp contrast to their flourishing state in the public sector.
His ill-designed stakeholder pensions flopped, and help for members of collapsed company schemes has been grudging and inadequate.
"So they want to push personal pension schemes, and they would like to see more company schemes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com