The crisis is likely to accelerate pension trends already at work. This further market shock highlighting the riskiness of company pension provision, and of equity investment, will probably accelerate the closure of existing DB schemes and encourage closer matching of assets with liabilities...

The global financial crisis of 2007/2009 was triggered by the collapse of an asset price bubble in the housing market in the United States particularly in the sub-prime mortgage market. The collapse was soon followed by a credit crunch which was in turn followed by a liquidity crisis, a solvency...

This study uses DYNASIM3, the Urban Institute’s dynamic microsimulation model, to examine the long-run effects of the Great Recession on the future retirement incomes of working-age individuals in 2008. It compares a baseline scenario that incorporates the historic and projected effects of...