The avocado latte is indeed a thing, but young Australians are spending less on luxuries than they used to, while older Australians are spending more.
A new Grattan Institute study finds that for the first time in a long time, young Australians are no better off than those who came before, and are likely to do worse.
Ten years ago, almost a third of self-employed people in the UK contributed to pension schemes. That figure has dropped dramatically.
Armed with a lifetime of skills.
An ageing population doesn't have to be an economic burden.
Employees and their pensions will increasingly be at the mercy of financial markets thanks to a coalition of culprits.
Sasa Wick / Shutterstock.com
Cutting pension scheme costs can make staff angry and belligerent.
A mural outside a school for Palestinian refugees.
Thousands of staff are employed by the UN's Palestinian refugee agency. Their futures remain uncertain.
Up in arms.
Jane Barlow/PA Wire/PA Images
From the outside, it might look like another case of a pension black hole problem hitting another UK institution. Not so.
The 20 largest OECD countries alone have a US$78 trillion shortfall in their pensions obligations.
B.C.‘s ambitious new school curriculum includes mandatory financial literacy instruction within math courses at every grade level, starting from kindergarten.
Financial literacy is non-intuitive to the human brain and fundamental to survival today. We should follow British Columbia's example and make financial literacy mandatory in every grade - across the country.
Shoppers browse at a Sears Canada store in Toronto in October after the company began liquidation sales. Its retirement funds are short $308 million, forcing a 19 per cent cut to employee pensions.
(THE CANADIAN PRESS/Nathan Denette)
Sears Canada's bankruptcy should alert employees and regulators alike to rethink defined-benefit pensions.
Migration may help to pay Western pensions, but life is hard for those left behind.
Andrew Milligan/PA Archive/PA Images
It's the first nationwide strike ballot since tough new legal requirements for industrial action were introduced.
Catching you out with the small print.
Research with call centre workers shows mis-selling is an entrenched and accepted feature of financial sales.
Dreaming of ways to retire.
With life expectancy stalling and austerity partly to blame, the UK must rethink its approach to retirement.
Hands off my pension.
The pensions 'triple lock' explained.
The health of our pensions can ebb and flow with mortality rates, and the latest data has delivered a shock.
“I just don’t get what the big deal is.”
Toby Melville/PA Wire/PA Images
Changes to the national insurance tax for self-employed people was one of the most controversial parts of the 2017 spring budget.
Jenny Macklin, shadow minister for families and social services, has attacked a Coalition proposal to raise the pension age.
Labor's Jenny Macklin said that under a Coalition proposal, Australia would have the highest pension age in the developed world. Is that right?
A future of trade wars and isolationism will not solve the grand challenges which are dragging down fragile economies.
Pension funds could be a powerful source of higher education financing.
Pension fund managers must consider environmental, social and governance issues when making investment decisions. The student funding crisis is a perfect example of a social issue.