A matter of state

As continental Europe moves away from providing salary-linked state pensions, we look at Adair Turner's long-awaited recommendations for improving the UK's provision. Aaron Woolner reports

Across Europe the same combination of demographic and economic forces is placing a growing strain on the pension systems that are in place and is forcing governments to look for solutions. This increasing urgency has led Denmark, Ireland and the UK to all publish reports examining their pension provision in the last month. But while the effects of increasing longevity and under-performing equity markets are impacting across all developed countries, the nature of the problem each