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Participation in Workplace Pension Schemes and the Effect of Provision: Evidence from the United Kingdom

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  • Bernardo Fonseca Nunes

Abstract

This study investigates the effect of public policies enforcing workplace pension plan provision on participation rates. Using British data covering almost two decades (1992–2009), I identify the potential opt‐in rate among private sector workers who have not been offered a workplace pension plan, had they been offered the opportunity to join such a saving scheme. I find that universal provision of workplace pension schemes alone could generate a major impact on pension coverage.

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  • Bernardo Fonseca Nunes, 2018. "Participation in Workplace Pension Schemes and the Effect of Provision: Evidence from the United Kingdom," Fiscal Studies, John Wiley & Sons, vol. 39(1), pages 189-206, March.
    • Handle: RePEc:wly:fistud:v:39:y:2018:i:1:p:189-206
    DOI: 10.1111/j.1475-5890.2017.12152
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    Cited by:

    1. Cynthia Weiyi Cai, 2020. "Nudging the financial market? A review of the nudge theory," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(4), pages 3341-3365, December.

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