I’m not personally worried because I am fortunate enough to work for a company with a final salary pension scheme. I do think, however, depending on whether or not they have a solid pension plan, people do have a reason to worry.
I’m not at the age where I have to worry yet, but I do think it’s an overall concern. People are living longer and there’s less and less money in the pot. Even with pension plans, you never know exactly what you’re actually going to get out of it and what it will be worth.
Even though we’re in an economic mess, it never crosses my mind and I’m determined not to worry about it. But I see how it’s more difficult for people working in the Civil Service.