Premium
WHITHER UK PENSIONS POLICY?
Author(s) -
Baron Richard
Publication year - 2002
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/1468-0270.00339
Subject(s) - pension , government (linguistics) , state (computer science) , economics , business , economic policy , public economics , labour economics , economic growth , finance , linguistics , philosophy , algorithm , computer science
While the UK may be facing much less serious pension difficulties over the next 50 years than other countries, the issue should not be ignored. Increasing the retirement age would be possible, but funded pensions are also an important option. The UK government has used marketing to encourage funded pensions, but policy changes would also help. Ultimately, the basic state pension could become funded.