A Pension for All: Pension Reform in the United Kingdom

8 Pages Posted: 30 Oct 2009

See all articles by Tim Jones

Tim Jones

Personal Accounts Delivery Authority

Date Written: October 13, 2009


British pension reform comprises three related strands of activity. The first centers on ensuring access to a State Pension that is fairer, more generous, and more widely available, tackling the historical inequalities in entitlement, especially for women. The second addresses a lack of demand for private pensions by placing a duty on employers to automatically enroll all eligible workers in a workplace pension and to contribute to that pension. The third addresses a perceived supply-side failure by setting up a new low-charge, simple pension scheme for those currently without access to a good quality workplace pension scheme - in particular, low-to middleincome earners. This article provides the historical context of these initiatives, and describes the strategies being employed to implement them.

Keywords: PADA, Pension Fund, Pension Reform, Personal Accounts, Retirement

Suggested Citation

Jones, Tim, A Pension for All: Pension Reform in the United Kingdom (October 13, 2009). Rotman International Journal of Pension Management, Vol. 2, No. 2, Fall 2009, Available at SSRN: https://ssrn.com/abstract=1493328 or http://dx.doi.org/10.2139/ssrn.1493328

Tim Jones (Contact Author)

Personal Accounts Delivery Authority ( email )

United Kingdom

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