Pension changes may mean more debt

Sarah Coles
Empty deckchairs
Empty deckchairs


Changes coming in from next October were supposed to help us all be better off. The plan was to automatically put us into our workplace pension scheme, to make sure that we all have something to fall back on when we retire. However, one charity warns that a side-effect could be serious debt problems in the immediate future.

So what's the problem, and what should you do if you are worried about the new rules?