total state pension at a fixed percentage of average earnings. Other National Insurance benefits could either be separated … decline is not accidental: under governments of the Left, arguments for inclusion have predominated,non-contributory benefits … accrued state pension rights. The effect of currentplans for statepensions is to restore something closer to a flat rate state …

wage differentials for occupational pension scheme benefits in the UK using the newly available English Longi-tudinal Study …The theory of equalizing differences suggests that employer provided pension benefits should be compensated by reduced … wage benefits for an employee’s given produc-tivity potential. This paper presents an empirical analysis of compensating …

caring with employment is extremely difficult, so families are heavily reliant upon benefits. But do disability benefits …

decisions of UK pension funds. Previous work on UK pension funds found little evidence of fund manager persistence, but we argue … persistence. Using a large sample of pension funds over the period 1983-97 in which there is less survivorship bias, we find …

In many countries, pension funds based on individual accounts have been affected by high operating costs. Contract … theory helps to unravel the nature of such problems: managers of pension funds have strong incentives to manipulate market … expectations about their capacity through wasteful activities (e.g. promotion). Thus, competition among pension funds entails …

This article describes new micro-foundations for theorizing about executive compensation, drawing on the behavioral … executive compensation, an enhanced theory of agent behavior, and an improved platform for making recommendations about the … design of executive compensation plans. …

employed. We find that many finance directors are sceptical of the benefits of providing pensions for their employees and …Large sections of the UK population are failing to make adequate provision for their retirement, and one area where … interviews with individuals from a wide range of organisations active in the pensions market for these companies to shed light on …