Stability is needed apart from simplicity

Published on 10 November 2003

The UK pension system has undergone continual reform during the past 25 years.

The UK pension system has undergone continual reform during the past 25 years. Attempts have been made to ensure that state pensions remain affordable, and people have been encouraged to spplement state retirement incomes with private provision.

Authors

Carl Emmerson

Deputy Director

Carl, a Deputy Director, is an editor of the IFS Green Budget, is expert on the UK pension system and sits on the Social Security Advisory Committee.

Matthew Wakefield

Matthew Wakefield

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.