The UK’s State Pension Age has been rising steadily over recent years in response to increasing longevity, and last week it finally reached the new milestone of 66 for both men and women. What will happen to the State Pension Age next? David Kingman explores what this could mean for the future
Category: Pensions
Government should lift the state pension “triple lock” next year, argues Treasury Select Committee
A new report from the House of Commons Treasury Select Committee has made a range of recommendations regarding how the government should address some of the economic challenges which the COVID-19 crisis has caused. One of its most eye-catching suggestions is that the “triple lock” on the State Pension should be lifted next year to… Read more »
Year 1 of the COVID plague
Angus Hanton, Co-founder of IF, raises the question of intergenerational fairness as we contemplate the possibility of emerging from the COVID-19 lockdown
How could changes in home ownership affect the way Millennials live in retirement?
Millennials are significantly less likely to own their own homes as they enter middle age than previous generations were. David Kingman looks at how this trend could impact when and how Millennials will be able to retire
Intergenerational Alert: hidden liabilities in the Local Government Pension Scheme
A new report published by IF reveals the hidden liabilities in the Local Government Pension Scheme (LGPS). This threatens to become a major intergenerational issue because, unless urgent action is taken, the cost will be passed on to younger and future generations to pay. Here, in a brief summary, the report’s author, actuary Daryl Boxall,… Read more »
IF Manifesto Audit 6: Pensions and Welfare
The main parties’ manifestos have abandoned intergenerational fairness in bid to win the grey vote, says IF Co-Founder Angus Hanton
Generational inequity in the USA: state and local government
Brooklyn resident Larry Littlefield writes a blog called “Saying the Unsaid in New York: Public Policy in New York City and State”. As a 57-year-old married father of two, intergenerational inequity is a particular concern: here he describes the extent to which the Millennials’ future has been sold out by spending policies at the state… Read more »
How much do retirees regret not saving more when they were younger – and what could it mean for today’s young adults?
The phenomenon known as “savings regret” has been given statistical underpinning by new evidence. David Kingman ponders what it could mean for Millennials
The Cridland Review consultations: still work to be done
IF Volunteer Robert Wilson analyses the consultations on the Cridland Review to assess the current state of debate on pensions
Cridland Review: Millennials are likely to be in their 70s before they get a state pension
David Kingman looks at what the recommendations in the final report of the Cridland Review could mean for younger workers