Article Topic: UK Pensions
Source: Telegraph tl;dr: The article addresses the upcoming reduction of lifetime pension (think 401k) contribution limits in the United Kingdom from £1.25m to £1m in April 2016.
I was aghast when I read this line:
A 28-year-old might reasonably expect to retire at age 70, as increasing life expectancy means Britons work longer and have an additional wait for their state pension.
It was used as one of many premises about whom the limit will impact the most. Mr. Alan Higham, quoted in the article, uses 70 as the benchmark retirement age in his examples.