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Michael Johnson calls time on traditional retirement product (Professional Pensions)

    Professional Pensions quotes CPS Research Fellow Michael Johnson: 'Pensions are finished'

    To read the full article, vist the Professional Pensions website.Michael Johnson

    "The Budget reform package coupled with generation Y’s complete disengagement from traditional retirement saving has effectively killed pensions in their current form, according to Michael Johnson.

    The Centre for Policy Studies fellow said "pensions are finished" and reiterated his call for a lifetime ISA product to be introduced in the UK."

    To read the full article, vist the Professional Pensions website.

    Michael Johnson was discussing his report Auto-Protection at 55.

    Date added: Friday 27th February 2015