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Pensionomics

Pensionomics
Pensionomics.com began with a belief – that the UK deserves a more efficient, equitable and sustainable pension system than it currently has. Such a system – fit for the 21st century – would be to the benefit of everyone in the future. To achieve our objective of stimulating and contributing to a national debate, Pensionomics.com intends to publish rigorous analysis and timely commentary on all aspects of the pension landscape, and to offer potential solutions to identified challenges. The lessons drawn are likely to be of interest to other countries – developed and emerging – facing their own challenges and conversely, their own experiences will be invaluable in furthering our understanding.

Recent blog posts

  • A Poorer Future
    Last week, youth unemployment ticked upwards again for the third month in a row and is now running at 20.2% according to the latest numbers from the ONS. That accentuates a worrying reversal in the downward trend evident in recent readings since the start of 2011.
  • Osborne's Budget: what does it mean for pension reform?
    Much of the major pensions-related reforms within this Budget was trailed early, notably the introduction of a flat state pension and the recommendations made by the Hutton report. Still, it is a significant budget in terms of its ramifications for pensions in the UK and there was one notable detail, namely the aim to index the state pension to longevity going forward in some way.
  • Guest blog: A measured approach to public sector pension reform is the right way forward
    After a heated public debate about the unfairness of public sector pensions, Lord Hutton’s interim report comes as a breadth of fresh air. Its tone and suggested approach to addressing the issues is measured, which must surely be a good thing in such an emotionally-charged environment.
  • Guest blog: Total financial reward higher in the public than private sector? It is scandalous but not for the obvious reasons…
    Median weekly pay for full-time employees in the public sector was around 15 per cent higher in 2009 than in the private sector. Median total financial reward, which also captures employer pension contributions, was nearly 30 per cent higher.

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