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The UK equivalent of a 401k is the self-invested personal pension (SIPP), so they also have that.
This is about the UK equivalent to social security, which in the US is much more of a ponzi simply based on size and scope. The unfunded pension liabilities in the US make everyone else look fiscally responsible and solvent by comparison
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I dont believe in social security,either.
Just a big ponzi scheme.
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Some of us have them for now....
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We have 401ks here in the usa, so its less of a ponzi sceme.
But money being inflated is no joke.