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Longer working lives offer many benefits, but achieving these can pose challenges for individuals, employers and policymakers. In order to support people in their 50s and 60sto remain in paid work for longer, it is imperative that we have a good picture of what paid work looks like at older...
Persistent link: https://www.econbiz.de/10012584682
The current generation of pensioners has, in general, been better served by the UK's mix of state and private pension provision than earlier generations were. Pensioners today have disposable incomes - once you take account of housing costs and children - that on average are similar to those...
Persistent link: https://www.econbiz.de/10014552664
In this report, we document differences in pension incomes and pension saving between men and women in the UK, and analyse the drivers behind these differences. In particular, we examine two different 'gender pension gaps'. First is the gap in average private and state pension incomes between...
Persistent link: https://www.econbiz.de/10014233173
Private pension saving among the self-employed population in the UK has been falling dramatically over the last few decades, and this has led to a heightened policy focus on how to boost pension saving among this group. In this report we analyse patterns of private pension saving among the...
Persistent link: https://www.econbiz.de/10014233180
The recent surge in inflation, driven by spectacular increases in energy prices, has driven sharp falls in household living standards, huge government intervention to try to mitigate it, and serious policy headaches. As such it continues to be the backdrop behind many of the most pressing issues...
Persistent link: https://www.econbiz.de/10014233233
This report makes the case for a new review of the pension system in the UK. There are a number of key challenges facing future generations of pensioners that threaten their living standards in retirement and which, without policy action, mean many are likely to face substantial financial...
Persistent link: https://www.econbiz.de/10014251503
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The reason why both earnings growth and inflation matter for the state pension is the pensions 'triple lock'. In place since 2011 (except for a one-year temporary suspension in 2022), under the triple lock the state pension rises in line with the highest of CPI inflation, average earnings growth...
Persistent link: https://www.econbiz.de/10014343049
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