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Centre for Policy on Ageing | |
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Savings and life events
— a report of research carried out by the Personal Finance Research Centre on behalf of the Department for Work and Pensions | | Author(s) | Stephen McKay, Elaine Kempson |
| Corporate Author | Social Research Division, Department for Work and Pensions - DWP; Personal Finance Research Centre (PFRC), University of Bristol |
| Publisher | Corporate Document Services, Leeds, 2003 |
| Pages | 97 pp (Department for Work and Pensions Research report 194) |
| Source | Corporate Document Services, 7 Eastgate, Leeds LS2 7LY. Email: orderline@cds.co.uk |
| Keywords | Savings ; Pensions ; Living patterns ; Longitudinal surveys. |
| Annotation | The patterns of people's saving behaviour and pension provision are explored, in particular the impact of key life events such as getting married, changes in earnings, caring for disabled people, and windfalls. Thus, events can influence both the ability and the propensity to save. This report is based on secondary analysis of the savings questions in the British Household Panel Study (BHPS) for waves 1-10 (1991-2000/2001): whether individuals are saving, if so how much monthly; the reason or purpose for saving; and whether they have non-state (i.e. personal or occupational) pension arrangements. The report examines the main factors that relate to saving, and saving for retirement; patterns of saving over time; and whether there is an "asset effect" in saving. Conclusions and main findings consider those factors influencing the pattern of general saving and saving for retirement. (RH). |
| Accession Number | CPA-031015203 B |
| Classmark | JDD: JJ: K7: 3J |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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