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> I'm not sure what this obsession is at the moment with 'fat pensions'.

Pretty sure it's a concerted effort to force the EU countries to adopt private/financialized pension schemes and abandon the still dominant socialized model. The huge new inflow into the financial markets would make some people very very rich, and conveniently would also transform low pensions from a societal problem into a problem of bad personal foresight instead.

(Not accusing GP in particular, they probably just picked it up in the media)