David Kingman reports on the findings and recommendations of a controversial new report by the right-leaning think tank the Institute of Economic Affairs, which calls for a set of radical measures to mitigate the long-term debt impact of Britain’s ageing population
Category: Pensions
Think tank warns younger generation to expect a “derisory” state pension
David Kingman reports on the recent warning from a prominent think tank that the National Insurance Fund is approaching collapse, and today’s younger generation should not expect to receive a meaningful state pension
Think tank proposes putting pensions above politics
David Kingman reports on the proposal from the Centre for Policy Studies that an independent savings commissioner should be created to help separate the long-term issue of savings from the short-term concerns of politicians
OECD Pensions: Varying Approaches
IF volunteer Connor McCarthy reports on how demographic changes across the OECD have forced governments to use a variety of strategies to reform pensions, with varying success
Call for “Lifetime ISAs” to help get young people saving
David Kingman reports on the proposal that the government should create a new type of savings product – “Lifetime ISAs” – to help the next generation get saving
Australia considers compulsory annuitisation for pensions – so should Britain’s politicians think again?
David Kingman reports that while Britain is giving pensioners new freedoms to access their pension savings, concerns about people not managing their retirement income successfully are leading Australia’s politicians down the opposite path
IFS: Young people struggling with low wages and high housing costs, while pensioners are becoming wealthier
IF volunteer Aleksandra Blawat explains the findings from a new piece of research by the Institute for Fiscal Studies which argues that young people have been the biggest victims of the recession
Survey suggests 1 in 5 pensioners plan to blow their retirement savings on a new car
David Kingman reports on some worrying evidence which suggests that many retirees may use their new freedom to access their pension savings irresponsibly
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