Private Pensions in OECD Countries: The United Kingdom

摘要: This volume is part of a series monographs on private pensions in OECD countries. Previous titles have considered the situation Canada, Ireland, New Zealand and United States. The Kingdom pension system has some distinctive characteristics. Publicly-provided become less important as source retirement income. ageing population will shrink numbers those working relative to receiving old-age pensions, but because low rates public payments, contribution not need rise dramatically cover costs. Funded company-based schemes are extensive, with one highest asset GDP ratios among Personal growing rapidly coverage. Evidence suggests that these funds boosted saving increased supply long-term funds, so stimulating development capital markets. size scope makes ...