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IFS researchers presented findings from a major new report on the future of the state pension in the UK, published as part of the Pensions Review. The Pensions Review — led by the Institute for Fiscal Studies and in partnership with the abrdn Financial Fairness Trust — is a large multi-year project that assesses the consequences of current pension policy, the economic environment, and individual behaviour on future living standards in retirement.
We shared key findings from the report on the state pension's role within the UK pension system. The report evaluates the current state pension for recent retirees and analyses key challenges for future generations of pensioners. It concludes with policy suggestions aimed at improving the system.
Authors
Associate Director
Jonathan is an Associate Director and Head of Retirement, Savings and Ageing sector, focusing on pensions, savings and later-life economic activity.
Senior Research Economist
Heidi is a Senior Research Economist in the Retirement, Saving & Ageing sector. Her current research is on pensions and saving for retirement.
Presentation details
- DOI
- 10.1920/ps.ifs.2023.0027
- Publisher
- Institute for Fiscal Studies
Suggested citation
Cribb, J and Karjalainen, H. (2023). 'Where next for the state pension?' [Presentation]. London: Institute for Fiscal Studies. Available at: https://ifs.org.uk/publications/where-next-state-pension (accessed: 19 May 2024).
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