Catatan episode
In this episode of Equitile Conversations, Gerald Ashley and George Cooper discuss the mechanics and challenges of pension systems, focusing on their reliance on current workers and demographic trends. They explain that state pensions, like the UK's, are "pay-as-you-go," funded by taxing current workers rather than a saved pot of money, dispelling the myth of a personal pension fund. Pre-funded pension schemes, where individuals save into assets like equities and bonds, also depend on future ...
