- Andrew Scott: Labor Department's fiduciary rule has set countdown clock for economic disaster
- We're living longer, but how we pay for retirement is staying the same, he says
Andrew Scott is a Professor of Economics at London Business School and the author, with Professor Lynda Gratton, of "The 100 Year Life -- Living and Working in an Age of Longevity" (Bloomsbury Press, 2016).
(CNN)For decades, the serious risk of a demographic time bomb exploding the public finances has loomed as a potential threat. However, what's ticking loudest currently is not government debt but private pensions.