David Kingman reports on some worrying evidence which suggests that many retirees may use their new freedom to access their pension savings irresponsibly
Category: Pensions
Would collective pensions be fairer on the younger generation?
The government wants to give British workers the option of saving their money for retirement into Dutch-style “collective defined contribution” (CDC) pensions, arguing that they lead to a better deal for savers. But will they be fair to members of the younger generation?
How government help for the elderly rewards the well-off most
Angus Hanton explains why government policy would be fairer if it channelled its financial assistance according to need rather than age
Budget 2014: Are the Coalition’s pension reforms fair on young people?
When the Coalition Government came to power in 2010, their two main aims were closing the deficit and restoring Britain to economic growth. However, following the 2014 Budget speech, it appears that changes to pensions will be their biggest legacy. David Kingman explains
Think tanks propose radical reforms to make welfare state affordable
Two prominent think tanks have both recently published radical new proposals for ways we can keep the welfare state affordable as the population ages. David Kingman explains
Pensioner benefits becoming political battleground ahead of 2015 general election
Recent developments suggest that pensioner benefits are set to become one of the key political battlegrounds when the country goes to the polls in 2015, reports David Kingman
What do today’s workers want from their pensions?
A new report from the Institute for Public Policy Research has shown that the majority of people still aren’t putting enough money into their pensions. David Kingman explains
Can we rely on inheritance to reverse intergenerational unfairness?
David Kingman responds to a new piece of research from the Institute for Fiscal Studies which argues that the children of the Baby Boomers will only be able to match their parents’ wealth through inheritance
Pensioners doing much better than workers, new figures show
David Kingman comments on new data which show how incomes among pensioner households have held up much better than those of working-age households during the recession
OECD: Youth unemployment puts young people at risk of poverty in old age
David Kingman reports on recent research from the OECD which argues that delaying the start of working life has significant long-term repercussions for pension savings