<p><p>This report explores evidence on current asset-holding amongst older individuals, how this varies with age and how it has changed over the last decade. This evidence provides a good basis to consider:<ul><li>what types of products future retirees are likely to want or need and how this might differ from demand amongst current retirees; and<li>whether the types of individuals looking to buy these products in future will be any different from those who currently buy them (in terms of their wealth, their cognitive abilities and their previous experience of financial products).</li></ul></p>
Authors
CPP Co-Director
James is Senior Research Fellow and Professor of Economics at Manchester, working on broad issues in the economics of retirement, savings and health.
Research Associate University of Bologna
Matthew is Associate Professor at the University of Bologna focusing on consumption and savings choices and how policy affects them.
Gemma Tetlow
Report details
- Publisher
- Financial Services Authority
Suggested citation
J, Banks and G, Tetlow and M, Wakefield. (2008). Asset ownership, portfolios and retirement saving arrangements: past trends and prospects for the future. London: Financial Services Authority. Available at: https://ifs.org.uk/publications/asset-ownership-portfolios-and-retirement-saving-arrangements-past-trends-and (accessed: 20 May 2024).
Related documents
More from IFS
Understand this issue
Where next for the state pension?
13 December 2023
Social mobility and wealth
12 December 2023
Autumn Statement 2023: IFS analysis
23 November 2023
Policy analysis
The past and future of UK health spending
14 May 2024
Recent trends in and the outlook for health-related benefits
19 April 2024
Progression of nurses within the NHS
12 April 2024
Academic research
Keeping the peace whilst getting your way: Information, persuasion and intimate partner violence
17 May 2024
The role of hospital networks in individual mortality
13 May 2024
Forced displacement, mental health, and child development: Evidence from Rohingya refugees
10 May 2024