News

IFS issues frequent press releases and observations and features regularly in online, broadcast and printed media. Staff also write and contribute to news articles.

IFS research staff are happy to speak to the press about the findings of our work. If you are a member of the press and have an enquiry or would like to receive new press releases by email, please contact the Head of Public Relations, Bonnie Brimstone (020 7291 4818).

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Inheritances have not increased wealth inequality among older households

| IFS Press Releases

Inheritances and large gifts received by English individuals born between the 1920s and 1950s do not appear to have increased the degree of inequality in their wealth holdings. This is the main finding of new IFS research, published today as part of English Longitudinal Study of Ageing (ELSA) Wave 6 Report, and funded by the IFS Retirement Saving Consortium with support from the Economic and Social Research Council. ELSA is funded by the National Institute of Aging in the US and a consortium of UK government departments.

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Employment and retirement – explaining recent trends

| Observations

Employment rates of men and women in their 50s and 60s have been growing for nearly two decades – a trend that was only briefly halted during the recent recession. Employment rates for men age 65-69 are at their highest levels since 1974 and continue to grow while employment rates for older women are at record levels. There are reasons to expect that this growth will continue as changes in private pensions and state benefits increase incentives to remain in work longer. For women this upward trend reflects the continuation of a long-term trend since at least the late 1960s. In contrast, recent growth in employment among older men follows a period of dramatic decline between the late 1960s and mid-1990s. In two new publications released today, researchers from the IFS set out levels of employment among older men and women in England in 2012–13, and survey explanations for why these have increased so substantially since the mid-1990s.

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IFS public finance bulletin: October 2014

| Public Finance Press Releases

Today the Office for National Statistics and HM Treasury published Public Sector Finances, September 2014. We now have details of central government receipts, central government spending, public sector net investment, borrowing and debt for the half of financial year 2014–15.

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