Many people find it difficult to start and maintain a retirement savings plan. We show how nudges can be used both to encourage people to save enough to provide an acceptable standard of living in retirement and to draw down their accumulated pension fund to maximize retirement spending, without...

1. UK pension schemes -- 2. UK pension funds and their investments -- 3. The regulatory environment -- 4. Public policy issues -- 5. Issues in pension fund management -- 6. The consequences of pension funds for capital markets -- 7. Future developments -- 8. A new approach to pension funding:...