A turbulent history of British pensions

From a five-shilling payment for men over 70 to George Osborne’s reforms, Telegraph Money charts the eventful history of pensions past – A turbulent history of British pensions since 1874.

The road to our brave new world of pensions has been a rocky one. Paved with best intentions, the journey ended, sadly too often, in scandal, u-turns and empty promises – potholed by political meddling and rising life expectancy.

For some, those days are over. Ros Altmann, the Government’s older workers’ tsar, believes we have finally arrived at our destination – a modern, user-friendly retirement solution, fit for the 21st century.

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