Personal provision of retirement income: meeting the needs of older people?
Gespeichert in:
Format: | Buch |
---|---|
Sprache: | English |
Veröffentlicht: |
Cheltenham [u.a.]
Elgar
2009
|
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | XIV, 275 S. graph. Darst. |
ISBN: | 9781847209276 1847209270 |
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adam_text |
Titel: Personal provision of retirement income
Autor: Stewart, Jim
Jahr: 2009
Contents
List of Figures vii
List of Tables viii
List of Contributors xi
Acknowledgements xiv
1 Overview and Summary of Key Issues' 1
Jim Stewart and Gerard Hughes
PART I INDIVIDUAL COUNTRIES' EXPERIENCE
2 Pension Reform and Personal Provision of Retirement Income 15
in France
Lucy apRoberts and Pierre Concialdi
3 The Development of Private Pension Pillars in Italy: An 39
Assessment of Recent Reforms
Felice Roberto Pizzuti and Michele Raitano
4 Personal Provision of Retirement Income in Germany 63
Heinz-Dietrich Steinmeyer
5 Demographic Ageing in Sweden: The Role of Defined 73
Contribution Schemes
Ann-Charlotte Stahlberg
6 A Nation of Risk Lovers: Personal Provision of Retirement 95
Income in Denmark
Finn Ostrup
7 Personal Provision of Retirement Income in the UK 111
Barbara Waine
8 Personal Provision of Retirement Income in Poland 125
Marek Szczepanski
VI Personal Provision of Retirement Income
PART II PUBLIC POLICY AND PRIVATE PROVISION
9 The Matthew Effect: Why Current Pension Policy Helps the 151
Rich Get Richer
Kim De Witte, Paul Roels and Yves Stevens
10 Conflicting Objectives in Personal Pension Provision and 175
Personal Saving in Ireland
Gerard Hughes and Jim Stewart
PART III OTHER ISSUES WITH INDIVIDUAL PENSION
PROVISION
11 The Annuity Market and Personal Pensions 209
John Turner
12 Regulation and Personal Pensions 229
Dana Muir
13 Talking about Pensions: An Analysis of Language Used to 253
Discuss Pensions
Bryn Davies
Index 271
Figures
2.1 French household savings rate, 1959-2007 19
2.2 Structure of incomes for households aged 55 and over, 2003 20
3.1 Annual average returns of pension funds and TFR net of taxes
and administrative costs for different periods 52
3.2 Closed funds: managed assets by geographical area on 31
December 2007 (in percentage terms) 55
3.3 Open funds: managed assets by geographical area on 31
December 2007 (in percentage terms) 56
8.1 Development of individual pension schemes, 2004-2006 135
10.1 Number and percentage of firms designating a PRS A provider
and number and percentage of firms whose employees are
contributing to a PRSA 192
10.2 Number and percentage of employees and people not in the
labour force contributing to a PRSA, 2003-2007 193
Tables
2.1 Household savings rates, 2006 (percentage of gross disposable
income) 19
2.2 Replacement rates under current legislation: 2003, 2020,2050 27
2.3 Financing of retirement pensions in France, 2006 (€ billions) 31
2.4 Contributions collected by supplementary retirement savings
schemes, 2005 and 2006 (€ millions) 32
2.5 Number of participants in non-mandatory funded retirement
schemes, 2004, 2005, 2006 (in thousands) 33
2.6 Reserves of funded retirement schemes by type of scheme,
end 2006 (€ millions) 34
3.1 Pension funds on 31 December 2006 45
3.2 Open funds structure on 3 December 2006 46
3.3 Changes in pension fund membership, 31 December 2006-31
December 2007 47
3.4 Disbursement provisions and fiscal rules of TFR in firms and
pension funds 49
3.5 Nominal yearly returns net of taxes and administrative costs 51
3.6 Costs Synthetic Indicator (Indicatore Sintetico dei Costi - ISC) of
pension funds for length of membership in the fund; values as
percentage of funds'assets 53
4.1 Tax deductions for Riester Pension (6 per year) 66
4.2 Cash subsidies for Riester Pension (€ per year) 67
4.3 Amounts that must be paid into Riester Pension to attract
subsidies (6 per year) 67
4.4 The development of Riester Pensions to end 2007 69
5.1 Features of the new pension 75
5.2 Replacement rates for different cohorts and income levels,
average income for the age groups 65-69 and 70-74 related to
average taxable income for the age group 60-64 (in per cent) 82
5.3 A pensioner's disposable income as a percentage of his/her
average disposable income between 60 and 64 83
5.4 Crucial features in the Swedish pension with reference to gender
aspects 85
5.5 The outcome of typical women as a percentage of career men 86
Tables ix
5.6 The gender ratio of the replacement rate when unisex tables are
used and when the probability of surviving is diversified
according to sex, and with and without child credits 86
6.1 Contributions to personal pension accounts 100
6.2 Different types of personal pension plans 102
8.1 The number of pensioners and average monthly gross pensions 126
8.2 Introduction of the new pension system by age group 127
8.3 Classification of the new old-age pension scheme 129
8.4 Comparison of replacement rates in 'the old' and 'the new'
pension system 131
8.5 Tax reliefs for occupation pension schemes (PPE) and
individual pension schemes (IKE) 133
8.6 Number of IKE accounts 30 June 2006-30 June 2007 135
8.7 Assets in IKE accounts June 2006-June 2007 136
8.8 Differences in individual forms of saving within individual
pensions schemes (IKE) 137
8.9 A simulation of the effects of 30-year contributions to an IKE
account (including tax relief) 138
8.10 Returns on IKE savings accounts managed through chosen
financial institutions in Poland over the period of January
2001 -December 2007 140
9.1 Summary of individual voluntary pension provision in
Belgium 160
9.2 Comparative returns on savings and pension products for
different tax categories for employees 161
9.3 Comparative returns on savings and pension products for
different tax categories for self-employed 162
9.4 Participation in IVPP and income 164
9.5 Participation in life insurance/pension savings and home
ownership, occupational pension and employment status 165
9.6 Contributions to voluntary pensions for self-employed in 2005 166
9.7 Estimated net cost of the fiscal allowances for life insurance
(without mortgage) and pension savings € millions
(2005 prices) 167
10.1 Overall private pension coverage in 1995 from ESRI survey 177
10.2 Maximum pension contribution as a percentage of
earnings eligible for tax relief in 1999 and 2006 182
10.3 Proposed and actual tax relief on PRSA contributions 184
10.4 Comparison of maximum charges for a standard PRSA, an
AVC and a personal pension contract 185
x Personal Provision of Retirement Income
10.5 Number of standard PRSA clones offered in July 2007 and
reduction in yield (RIY) effect over 10 years of lowest and
highest charges 1 86
10.6 Number of non-standard PRS As offered in July 2007 and
reduction in yield (RIY) effect over 10 years of lowest and
highest charges 187
10.7 Reduction in yield of standard PRSA charges over different
periods 188
10.8 Number of employers designating a PRSA provider and
number of firms where contributions are being made,
2003-2007 191
10.9 Total number contributing to a PRSA comparing employees and
others, 2003-2007 193
10.10 Number of standard and non-standard PRSA contracts sold,
2003-2007 194
10.11 Overall private pension coverage of persons in employment
(ILO) aged 20 - 69 years in the first quarter of 2002 and 2005
from CSO surveys 195
10.12 Actual and percentage private pension fund contributions,
additional voluntary contributions (AVC) and PRSA
contributions by income decile, 2004-2005 196
10.13 Subscriptions to SSIA schemes, tax cost to the exchequer
and number of subscribers 198
11.1 Features of annuities in mandatory individual account
systems in Sweden, Chile and the United Kingdom 211
12.1 The proliferation of individual pension accounts 232
13.1 Newspapers included in the analysis 261
13.2 Organisations included in the analysis 262
13.3 Number of texts coded as using concepts related to saving
as a means of financing pension provision 263
13.4 Dictionary definition of saving 266
13.5 Dictionary definition of'tax' 267 |
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publisher | Elgar |
record_format | marc |
spelling | Personal provision of retirement income meeting the needs of older people? ed. by Jim Stewart ... Cheltenham [u.a.] Elgar 2009 XIV, 275 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Europäische Union (DE-588)5098525-5 gnd rswk-swf Self-directed individual retirement accounts / European Union countries Pensions / Government policy / European Union countries Tax incentives / European Union countries Pensions / Government policy / United States Alterssicherung stw EU-Staaten stw Rentenpolitik stw Ruhegehalt stw Politik Steuer Older people Taxation European Union countries Older people Taxation United States Pensions Government policy European Union countries Pensions Government policy United States Self-directed individual retirement accounts European Union countries Tax incentives Government policy United States Tax incentives European Union countries Steuer (DE-588)4057399-0 gnd rswk-swf Sparverhalten (DE-588)4116554-8 gnd rswk-swf Mitgliedsstaaten (DE-588)4170174-4 gnd rswk-swf Internationaler Vergleich (DE-588)4120509-1 gnd rswk-swf Altersversorgung (DE-588)4001479-4 gnd rswk-swf Private Altersversorgung (DE-588)4665610-8 gnd rswk-swf Rentenreform (DE-588)4049506-1 gnd rswk-swf Europäische Union. Mitgliedsstaaten USA (DE-588)4143413-4 Aufsatzsammlung gnd-content (DE-588)4522595-3 Fallstudiensammlung gnd-content Europäische Union (DE-588)5098525-5 b Mitgliedsstaaten (DE-588)4170174-4 s Altersversorgung (DE-588)4001479-4 s Rentenreform (DE-588)4049506-1 s Private Altersversorgung (DE-588)4665610-8 s DE-604 Sparverhalten (DE-588)4116554-8 s Steuer (DE-588)4057399-0 s Internationaler Vergleich (DE-588)4120509-1 s DE-188 Stewart, Jim Sonstige oth HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018670929&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Personal provision of retirement income meeting the needs of older people? Europäische Union (DE-588)5098525-5 gnd Self-directed individual retirement accounts / European Union countries Pensions / Government policy / European Union countries Tax incentives / European Union countries Pensions / Government policy / United States Alterssicherung stw EU-Staaten stw Rentenpolitik stw Ruhegehalt stw Politik Steuer Older people Taxation European Union countries Older people Taxation United States Pensions Government policy European Union countries Pensions Government policy United States Self-directed individual retirement accounts European Union countries Tax incentives Government policy United States Tax incentives European Union countries Steuer (DE-588)4057399-0 gnd Sparverhalten (DE-588)4116554-8 gnd Mitgliedsstaaten (DE-588)4170174-4 gnd Internationaler Vergleich (DE-588)4120509-1 gnd Altersversorgung (DE-588)4001479-4 gnd Private Altersversorgung (DE-588)4665610-8 gnd Rentenreform (DE-588)4049506-1 gnd |
subject_GND | (DE-588)5098525-5 (DE-588)4057399-0 (DE-588)4116554-8 (DE-588)4170174-4 (DE-588)4120509-1 (DE-588)4001479-4 (DE-588)4665610-8 (DE-588)4049506-1 (DE-588)4143413-4 (DE-588)4522595-3 |
title | Personal provision of retirement income meeting the needs of older people? |
title_auth | Personal provision of retirement income meeting the needs of older people? |
title_exact_search | Personal provision of retirement income meeting the needs of older people? |
title_full | Personal provision of retirement income meeting the needs of older people? ed. by Jim Stewart ... |
title_fullStr | Personal provision of retirement income meeting the needs of older people? ed. by Jim Stewart ... |
title_full_unstemmed | Personal provision of retirement income meeting the needs of older people? ed. by Jim Stewart ... |
title_short | Personal provision of retirement income |
title_sort | personal provision of retirement income meeting the needs of older people |
title_sub | meeting the needs of older people? |
topic | Europäische Union (DE-588)5098525-5 gnd Self-directed individual retirement accounts / European Union countries Pensions / Government policy / European Union countries Tax incentives / European Union countries Pensions / Government policy / United States Alterssicherung stw EU-Staaten stw Rentenpolitik stw Ruhegehalt stw Politik Steuer Older people Taxation European Union countries Older people Taxation United States Pensions Government policy European Union countries Pensions Government policy United States Self-directed individual retirement accounts European Union countries Tax incentives Government policy United States Tax incentives European Union countries Steuer (DE-588)4057399-0 gnd Sparverhalten (DE-588)4116554-8 gnd Mitgliedsstaaten (DE-588)4170174-4 gnd Internationaler Vergleich (DE-588)4120509-1 gnd Altersversorgung (DE-588)4001479-4 gnd Private Altersversorgung (DE-588)4665610-8 gnd Rentenreform (DE-588)4049506-1 gnd |
topic_facet | Europäische Union Self-directed individual retirement accounts / European Union countries Pensions / Government policy / European Union countries Tax incentives / European Union countries Pensions / Government policy / United States Alterssicherung EU-Staaten Rentenpolitik Ruhegehalt Politik Steuer Older people Taxation European Union countries Older people Taxation United States Pensions Government policy European Union countries Pensions Government policy United States Self-directed individual retirement accounts European Union countries Tax incentives Government policy United States Tax incentives European Union countries Sparverhalten Mitgliedsstaaten Internationaler Vergleich Altersversorgung Private Altersversorgung Rentenreform Europäische Union. Mitgliedsstaaten USA Aufsatzsammlung Fallstudiensammlung |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018670929&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT stewartjim personalprovisionofretirementincomemeetingtheneedsofolderpeople |