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Attitudes to pensions: the 2006 survey
 — a report of research carried out by NatCen and School of Social Sciences, University of Birmingham on behalf of the Department for Work and Pensions and HM Revenue and Customs
Author(s)Elizabeth Clery, Stephen McKay, Miranda Phillips
Corporate AuthorNational Centre for Social Research - NatCen; School of Social Sciences, University of Birmingham; Department for Work and Pensions - DWP; HM Revenue and Customs
PublisherCorporate Document Services, Leeds, 2007
Pages204 pp (Department for Work and Pensions Research report, no 434)
SourceCorporate Document Services, 7 Eastgate, Leeds LS2 7EY. E-mail: orderline@cds.co.uk Website: www.cds.co.uk Download from DWP website: http://www.dwp.gov.uk/asd/asd5/rrs-index.asp
KeywordsPensions ; Savings ; Preparation [retirement] ; Attitude ; Social surveys.
Annotation1950 adults aged 18-69 took part in this 2006 study, which explored attitudes, knowledge and behaviour relating to pensions, saving and financial planning for retirement. The survey has been designed with the possibility of being repeated every two years in order to measure continuity and change in public attitudes. The report describes respondents' social and economic characteristics; and considers people's willingness and ability to draw on pensions, savings and assets to help fund their retirement. Respondents' knowledge of different aspects of the pension system are described, also their awareness of pension issues, and the level of knowledge of their own pension arrangements. The ways in which people can become better informed about pensions and planning for retirement are examined. General attitudes towards saving for retirement, including attitudes to risk and views about making important financial decision are analysed. Later chapters include: closer examination of attitudes to pensions and saving, and people's trust and confidence in pension providers; views on the Government's role and pension reform, particularly on the State Pension; expectations for retirement; and the treatment of pensions in the tax system and changes in April 2006 (also known as 'A' day). Appendices include results of statistical analyses. (RH)
Accession NumberCPA-070703003 B
ClassmarkJJ: JDD: GA: DP: 3F

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