Britons are warned of a pension disaster on the horizon as the the UK has fallen out of the top 10 in a global ranking of pension systems. This marks a continued decline from previous years, where the UK ranked 10th in 2023 and 9th in both 2022 and 2021. The report from Mercer CFA Institute Global Pension Index 2024, which benchmarked 48 countries worldwide, awarded the UK a B grade. This classification indicates a system with a sound structure and many positive features, but with room for improvement. The downgrade reflects growing challenges faced by pension systems globally, including the i…