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Home Research areas Savings, pensions and wealth Private pension policy

Private pension policy

Workplace pensions are an important component of overall remuneration, but the balance of what is provided by employers has changed dramatically over the past few decades.  IFS research in this area documents the shifting landscape of workplace pensions, explores the merits of different policies aimed at encouraging saving into workplace pensions, and examines the implications of the shift from defined benefit to defined contribution pension arrangements (including implications for mobility in the labour market and for comparisons of total remuneration between the public and private sectors).

Selected highlights

Report summary
what_happens_when_employers_are_obliged_to_nudge_automatic_enrolment_and_pension_saving_in_the_uk
This paper exploits the gradual roll-out of the obligation for employers to enrol their employees into a pension to estimate its effect on how much is saved in workplace pensions for private sector employees.
Journal article | National Institute Economic Review
We estimate the changing value of workplace pensions in the UK and incorporate their value into an estimate of the public sector pay differential.
Journal article | Journal of Pension Economics and Finance
The authors provide new empirical evidence on the importance of defined contribution pension wealth in England, and the nature of annuitization decisions taken by older adults who retire with such sources of wealth.

Contacts

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Rowena Crawford
Associate Director
David Sturrock
Senior Research Economist
Jonathan Cribb
Senior Research Economist