Pensions policy in the UK: An economic analysis

Dilnot, Andrew and Disney, Richard and Johnson, Paul and Whitehouse, Edward (1994): Pensions policy in the UK: An economic analysis. Published in: (May 1994)

Abstract

An attempt to unravel the complexities of pension policy in the UK, including financial, fiscal, labour-market and income-distribution analyses of the retirement-income system. This book, drawing on five years’ IFS research, was widely praised. A Financial Times editorial observed that ‘The IFS’s pioneering attempt to quantify the different returns to pensioners is welcome’. The Independent reported that ‘This book challenges the common assumption that personal pension plans are inherently more risky than occupational or state provision’.

• Item Type: MPRA Paper
• Language: English
• Subjects: H - Public Economics > H5 - National Government Expenditures and Related Policies > H55 - Social Security and Public Pensions; J - Labor and Demographic Economics > J1 - Demographic Economics > J14 - Economics of the Elderly ; Economics of the Handicapped ; Non-Labor Market Discrimination; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J32 - Nonwage Labor Costs and Benefits ; Retirement Plans ; Private Pensions

References

Creedy, J., Disney, R. and Whitehouse, E. ‘The earnings-related state pension, indexation and lifetime redistribution in the UK state pension scheme’, Review of Income and Wealth, 1994.

Disney, R., Meghir, C, and Whitehouse, E. ‘Retirement behaviour in Britain’, Fiscal Studies, 1994.

Disney, R. and Whitehouse, E. ‘Contracting out, indexation and life-cycle redistribution in the UK state pension scheme’, Oxford Bulletin of Economics and Statistics, 1993.

Disney, R. and Whitehouse, E. ‘Will younger cohorts obtain a worse deal from the UK state pension system?’, in Casson, M. and Creedy, J. (eds), Industrial Concentration and Economic Inequality, Edward Elgar, Aldershot, 1993.

Disney, R. and Whitehouse, E. ‘The future of private pensions’, in Davies, E. (ed.) Options for the Fourth Term, Institute for Fiscal Studies, London, 1992.

Disney, R. and Whitehouse, E. The Personal Pensions Stampede, Institute for Fiscal Studies, London, 1992.

Disney, R. and Whitehouse, E. ‘Personal pensions and the review of the contracting-out terms’, Fiscal Studies, 1992.

Disney, R. and Whitehouse, E. ‘How should pensions in the UK be indexed?’ Fiscal Studies, 1991.

Disney R. and Whitehouse, E. "What are pension plan entitlements worth in Britain?", Working Paper no. 94/1, Institute for Fiscal Studies, London, 1994.

Disney R. and Whitehouse, E. "Choice of private pension and pension benefits in Brtain", Working Paper no. 94/2, Institute for Fiscal Studies, London, 1994.