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Pension reform in the United Kingdom: an economic perspective

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  • Disney, Richard

Abstract

This paper considers the evolution of the UK's pension programme in the light of various stated rationales for public intervention. It argues that the publicly-provided (tax-financed) pension programme has gone through four distinct stages since 1946. It examines some of the issues that have arisen in the context of private pension provision in the UK, both in the form of so-called ‘defined benefit’ and ‘defined contribution’ pension plans, as well as individual purchases of annuities.

Suggested Citation

  • Disney, Richard, 2016. "Pension reform in the United Kingdom: an economic perspective," National Institute Economic Review, National Institute of Economic and Social Research, vol. 237, pages 6-12, August.
    • Handle: RePEc:cup:nierev:v:237:y:2016:i::p:r6-r12_11
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    1. Cäzilia Loibl & Wändi Bruine de Bruin & Barbara Summers & Simon McNair & Pieter Verhallen, 2022. "Which financial stressors are linked to food insecurity among older adults in the United Kingdom, Germany, and the Netherlands? An exploratory study," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 14(2), pages 533-556, April.

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