The proposed Pension workaround

[Borin' Baggie]

It's higher risk compared to a stupidly low risk fund that's set up for people less than 5 years from retirement which is the current default for workplace pension funds. Global all cap ETFs track the global economy. Unless this is fixed auto-enrollment won't have the desired effect and people will still be reliant on the state to subsidise retirement because the returns won't have materialised, I worked an example with a fairly modest 7% Vs a generous 4% to highlight the extent of that effect.