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Centre for Policy on Ageing | |
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Uncertainty, trust and pensions
— the case of the current UK reforms | | Author(s) | Peter Taylor-Gooby |
| Journal title | Social Policy & Administration, vol 39, no 3, June 2005 |
| Pages | pp 217-232 |
| Source | http://www.blackwell-synergy.com |
| Keywords | Pensions ; Private pensions ; Social policy. |
| Annotation | Trust is valuable in facilitating social cooperation and is often thought to be helpful in the running of a complex modern welfare state. However, it has been argued that trust in social institutions is in decline. This paper examines recent evidence on trust in state and non-state pensions in the UK, as a context where current policy developments throw the general issues into sharp relief. It shows that patterns of trust in this setting can be understood in active terms, but that social divisions remain important in determining how active trust operates in practice. More vulnerable groups put their trust in the state, through lack of an alternative, while more confident and better-off groups tend to pursue investment strategies which they believe will give them more individual control over their money. Social divisions remain important during current social transitions, and often receive less attention than they merit in theoretical writing. (KJ/RH). |
| Accession Number | CPA-050616201 A |
| Classmark | JJ: JK: TM2 |
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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