Centre for Policy on Ageing
 

 

Where next for pensioner living standards?
Author(s)Gemma Tetlow
Corporate AuthorInstitute for Fiscal Studies - IFS; Joseph Rowntree Foundation - JRF
PublisherJoseph Rowntree Foundation - JRF, York, September 2015
Pages9 pp (Inspiring social change; Ref: 3145)
Sourcehttps://www.jrf.org.uk/report/where-next-pensioner-living-...
KeywordsRetirement ; Cost of living ; Retirement policy ; Research Reviews.
AnnotationDraws together key findings from a programme of work which looked at the prospects for future pensioner living standards. Findings include the prospect that the improvement in average pensioner living standards seen over the last few decades is likely to continue into the start of the next decade. Recent pension reforms to the state pension system are likely to mean that fewer pensioners will be reliant on means-tested benefits to lift them out of income poverty, but for middle and higher income people the state pension will increasingly replace less of their earnings. With greater reliance now being placed on individuals' private savings decisions, it will be important for the government to ensure that people have the right, accessible information to help them plan appropriately for retirement; and with working lives likely to continue getting longer, policy-makers will need to continue to be aware that not everyone will be equally able to work into older age. (NH).
Accession NumberCPA-151013210 A
ClassmarkG3: J3C: G5: 3A:6KC

Data © Centre for Policy on Ageing

...from the Ageinfo database published by Centre for Policy on Ageing.
 

CPA home >> Ageinfo Database >> Queries to: webmaster@cpa.org.uk