This encompasses priorities around:
- reducing the percentage of pensioners in absolute low income after housing costs
- Increasing the total number of people automatically enrolled in workplace pensions and building retirement savings
- continuing to explore how to make it easier for self-employed people to save for retirement
Send correspondence and further questions to evidence.strategyteam@dwp.gov.uk.
This question was published as part of the set of ARIs in this document:
Since the end of 2006 there has been a widespread consensus that Britain's pension system is seriously dysfunctional. The debate over the nature and extent of the 'pensions crisis,' and over ways in which it might best b...
Funded by: AHRC
Lead research organisation: University of Bristol
How much people save for their retirement is extremely important. It matters not only for individuals' wellbeing but also for society in general because those with insufficient private savings are more reliant on governm...
Funded by: ESRC
Lead research organisation: Institute for Fiscal Studies
The project specifically addresses the question by studying the patterns of pension saving across different groups in society and the role of various policies in shaping decisions. The authors have access to comprehensive information on pension contributions and will be able to track people over time to observe how pension saving changes.
The UK is currently in the midst of sweeping changes to both state pension provision and private pension arrangements. Recent policy reforms include the introduction of the 'new state pension' from April 2016, further in...
Funded by: ESRC
Lead research organisation: Institute for Fiscal Studies