Urging parents to seriously consider equity-based investments, Mr Brocklebank added: "They need to start thinking of, and contributing to, Junior ISAs in the same way they do their own pensions, the difference being that they are ring-fencing money for their children to give them a decent financial start when they reach adulthood".
More important in the improvement in forecasts for pension expenditure are the differences found by type of pension and gender.
Clegg says the government has made big differences to pensions, including the triple lock guarantee.
It is understood Gordon Brown and Tony Blair had sharp differences on pensions policy at two meetings on March 15 before last week's budget.
The Department for Work and Pensions has said small differences in charges can have a major impact on a pension pot by the time a person retires.
Although no details were divulged, David Gaudry, a violist who heads the union's negotiating committee, said thorny differences on pensions and seniority pay had been resolved by compromise.
Intensive talks also continued with the International Monetary Fund, European Commission and European Central Bank on an interim deal but there was no sign of a breakthrough on key differences over pensions, labor reform and the minimum wage.
A centrist on the Greek political spectrum, Koutsomitis is angry with Syriza for spending five months negotiating with Greece's creditors only to run out the clock in the final weeks over differences on pensions and a value-added tax increase that were known to be the main sticking points all along.
SRMQE *: Square root of the mean quadratic error in the differences in pension expenditure obtained by comparing the population of pensioners (INSS) and the stratified random sample (SR).
In Tables 22, 23, 24, 25 and 26 the information provided is different because the three last indicators are replaced by the following: SRMQE **: Square root of the mean quadratic error in the differences in pension expenditure obtained by comparing the population of pensioners (INSS) and the large subsample (Sub-m).
