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Pension reform and saving in Britain

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Author Info
R Disney
C Emmerson
M Wakefield

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Abstract

The paper examines the pension programme in Britain, focusing on reforms that have increased the fraction of the work-force opting out of public provision and that have permitted individuals to choose their private pension provider. It also examines the issue of pension provision and household saving. The paper highlights the disparities in retirement saving behaviour across types of pension provision and different households. The paper discusses the policy issues of the adequacy of household saving, and the impact of pension reform on household saving and the public finances. Copyright 2001, Oxford University Press.

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Publisher Info
Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

Volume (Year): 17 (2001)
Issue (Month): 1 (Spring)
Pages: 70-94
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Handle: RePEc:oup:oxford:v:17:y:2001:i:1:p:70-94

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Web page: http://oxrep.oupjournals.org/

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  1. Johann K. Brunner & Susanne Pech, 2005. "Optimum Taxation of Life Annuities," Economics working papers 2005-06, Department of Economics, Johannes Kepler University Linz, Austria. [Downloadable!]
    Other versions:
  2. Susanne Pech, 2002. "Tax incentives for private life annuities and the social security reform: Effects on consumption and on adverse selection," Economics working papers 2002-09, Department of Economics, Johannes Kepler University Linz, Austria. [Downloadable!]
    Other versions:
  3. Orazio Attanasio & Susanne Rohwedder, 2001. "Pension wealth and household saving: evidence from pension reforms in the UK," IFS Working Papers W01/21, Institute for Fiscal Studies. [Downloadable!]
  4. Richard Disney & Carl Emmerson & Matthew Wakefield, 2007. "Pension Provision and Retirement Saving: Lessons from the United Kingdom," Social and Economic Dimensions of an Aging Population Research Papers 176, McMaster University. [Downloadable!]
    Other versions:
  5. Richard Disney & Carl Emmerson & Matthew Wakefield, 2007. "Tax reform and retirement saving incentives: evidence from the introduction of stakeholder pensions in the UK," IFS Working Papers W07/19, Institute for Fiscal Studies. [Downloadable!]
  6. Axel Börsch-Supan & Anette Reil-Held & Daniel Schunk, 2007. "The savings behaviour of German households: First Experiences with state promoted private pensions," MEA discussion paper series 07136, Mannheim Research Institute for the Economics of Aging (MEA), University of Mannheim. [Downloadable!]
  7. Orazio P. Attanasio & Susann Rohwedder, 2003. "Pension Wealth and Household Saving: Evidence from Pension Reforms in the United Kingdom," American Economic Review, American Economic Association, vol. 93(5), pages 1499-1521, December. [Downloadable!]
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This page was last updated on 2009-11-8.


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