They work very hard for little money, clinging to the illusion of job security and looking forward to a three-week vacation each year and maybe a skimpy pension after forty-five years of service.
Jeremy Hunt, Britain's chancellor of the exchequer, announced a number of reforms that will allow the country's big pension funds to invest in unlisted high-growth firms and private equity.
Even women in their early twenties need to think about pensions, for example, and with increasing numbers of women in professional positions there are signs that this is beginning to happen.