 Facts and figures about UK taxes, benefits and public spending.
Income distribution, poverty and inequality.
Analysing government fiscal forecasts and tax and spending.
Analysis of the fiscal choices an independent Scotland would face.
Case studies that give a flavour of the areas where IFS research has an impact on society.
Reforming the tax system for the 21st century.
A peer-reviewed quarterly journal publishing articles by academics and practitioners.
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Type: IFS Reports
Volume, issue, pages: 106 pp.
ISBN: 978-1-903274-43-9 IFS member price: £15 Non-member price: £40
Press release: Are retirement resources adequate?
This report provides new empirical evidence on the level and distribution of retirement saving in England. For the first time in recent years, we have been able to estimate accrued state and private pension wealth to include in our measures of retirement saving. We use new data on 4,687 individuals aged between 50 and the state pension age taken from the 2002-03 English Longitudinal Study of Ageing.
Since there is little existing information on the distribution of accrued pension wealth in Britain, we begin by reporting the level and distribution of pension wealth. We move on to consider total wealth and the relationship between pension wealth and other components of total wealth such as housing and financial assets. We document people's retirement, longevity and inheritance expectations and how these differ across the wealth distribution, before concluding by presenting estimates of the fraction of our sample whose retirement resources appear to fall short of different possible benchmarks for 'adequate' retirement resources.
Further analysis of those at risk of inadequate resources in retirement (April 2006) Search |
  Analysis of new household survey data, which IFS researchers helped design, informed the fundamental reforms to the UK pension system proposed in the 2006 White Paper.
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