World faces pensions crisis, warns OECD

The stark findings by the Organisation for Economic Co-operation and Development (OECD) will be presented in a report this week that highlights the impact of ultra-low interest rates on global retirement incomes. 

It shows that a person buying an annuity today who saved 10pc of their wages into a pension for 40 years can expect just over half the earnings of someone who saved the same amount but retired 15 years ago.

DYI Comments:  All this damage from sub atomic low/negative interest rates in order to bail out the bankers.  Too big to fail then too big to exist.  The top 25 banks need to be cut up into 250 to 500 new banks AND bring back Glass/Steagall separating commercial banks from investment banks.

DYI