Pensions

This article was taken from: https://news.sky.com/story/sky-views-when-will-the-penny-drop-its-the-pensions-crackdown-thats-damaging-the-nhs-11684482 By  Ian King, business presenter at Sky News The German economist Horst Siebert called it the “cobra effect” – an illustration of how a well-intended government policy can, if badly constructed, create perverse incentives in an economy and, ultimately, unwanted consequences. His example concerned how, during the days of the…