In this article we describe the trajectory of pension reform in the United Kingdom, which focuses on restraining the cost of the public program as the population ages while maintaining adequate income security for low-income households in retirement.
This chapter looks at some simple patterns emerging from ELSA to paint a broad-brush picture of the distribution of outcomes that can be expected for the cohort members between now and when they reach the state pension age.
This paper compares the key assumptions underpinning estimates of the pension wealth of ELSA respondents to outcomes over the period from 2002-03 to 2004-05.
In a world of declining state pension provision, it is becoming increasingly important that individuals are able to understand the financial choices they face and can choose savings products, portfolios and contribution rates accordingly.
This paper presents an overview of the beginnings of a research agenda targeted towards increasing the empirical evidence on economic issues related to ageing in England and providing extensive data for subsequent research.
The first wave of data from ELSA has provided, and still is providing, evidence on how the characteristics of those who are still in paid work at older ages differ from those who are not.