Compared to a pension age of 65, this will mean that 2.7 million more people will be of working age in 2030. Calls to reverse this reform therefore worry me. It is a fact that we cannot do without the expertise of older members of the workforce.
Therefore, any disturbance in the orderly functioning of the payments and settlement system could disrupt the smooth functioning of the economy, the markets, the financial market infrastructure and the participants themselves. As flagged earlier, the recent financial crisis demonstrated the importance of payment and settlement systems.