Retirement

This report documents the quality of private pension saving data collected in UK household surveys.

New data from the end of 2022 show an uptick in 50- to 64-year-olds returning to the workforce.

We analyse trends in private pension saving among the long-term self-employed workers in the UK using administrative tax data.

We analyse patterns of private pension saving among self-employed workers in the UK using administrative tax data.

We analyse how employees’ pension saving responds to changes in earnings and employer, tax incentives, and major life events.

"We need to tread carefully, gradually and sensitively, but this cannot be a permanent block to action." Paul Johnson writes for the Times.

Percentage of employees contributing to a pension by year

Ratio of median pensioner income to median working-age income, and pensioner relative poverty rate, by year

We explain how private pensions work in the UK, how pension incomes have changed over time and what 'pension freedoms' mean for pension saving.

How should pensions be taxed? We propose income tax and National Insurance reforms that would more evenly support pension saving.

We examine labour market trends for older people to see if poorer health is driving down employment rates and causing a rise in economic inactivity

Automatic enrolment into workplace pensions began 10 years ago. It’s been very successful – but more needs to be done to build on achievements so far.

How long are people's working lives? Are they getting longer or - since the pandemic - shorter? What will the working lives be like for future generations approaching state pension age? These are some of the questions we look to answer at this event which comes at the end of a large 2-year programme of work from the Institute for Fiscal Studies and the Centre for Ageing Better.

Saving for retirement is one of the most impactful financial decisions that people make. We hear about the latest research on this topic.