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Challenges for the private pension system in the UK and policy proposals to address them

MARC record
Tag12Value
LDR  00000cab a22000004u 4500
001  MAP20260014845
003  MAP
005  20260603180752.0
008  260305s2026 enk|||| ||| ||eng d
040  ‎$b‎spa‎$a‎MAP‎$d‎MAP
084  ‎$a‎345
1001 ‎$0‎MAPA20260008868‎$a‎Cribb, Jonathan
24510‎$a‎Challenges for the private pension system in the UK and policy proposals to address them‎$c‎Jonathan Cribb; Heidi Karjalainen and Laurence O'Brien
520  ‎$a‎The article examines the main challenges facing the UK private pension system, which increasingly relies on defined contribution schemes. It identifies three key problems: low participation of employees and the self-employed in private pension plans, insufficient contribution rates leading to inadequate retirement incomes, and complex decision-making regarding the management of savings during the decumulation phase. The article proposes four measures: progressively increasing default minimum contribution rates with income, introducing a mandatory minimum employer contribution, facilitating saving for the self-employed through the tax system, and guiding individuals toward products that include partial annuities at older ages. These reforms aim to improve the adequacy of retirement income and reduce longevity risk
650 4‎$0‎MAPA20080592455‎$a‎Planes de pensiones
650 4‎$0‎MAPA20080577391‎$a‎Previsión social
650 4‎$0‎MAPA20080546915‎$a‎Economía
650 4‎$0‎MAPA20080586850‎$a‎Política económica
650 4‎$0‎MAPA20080554927‎$a‎Jubilación
651  ‎$0‎MAPA20080638290‎$a‎Reino Unido
7001 ‎$0‎MAPA20260008875‎$a‎Karjalainen, Heidi
7001 ‎$0‎MAPA20260008882‎$a‎O'Brien, Laurence
7102 ‎$0‎MAPA20260008899‎$a‎Institute for Fiscal Studies
7102 ‎$0‎MAPA20260008905‎$a‎University College London
7730 ‎$w‎MAP20210010194‎$g‎13/04/2026 Volumen 34 - 2026 ‎$t‎The Journal of the economics of ageing ‎$d‎Oxford : Elsevier ScienceDirect, 2021-
8564 ‎$u‎https://doi.org/10.1016/j.jeoa.2026.100637