Private Pensions in OECD Countries: The United Kingdom
This volume is part of a series of monographs on private pensions in OECD countries. Previous titles have considered the situation in Canada, Ireland, New Zealand and the United States. The United Kingdom pension system has some distinctive characteristics. Publicly-provided pensions have become les...
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
1997
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| Series: | OECD Labour Market and Social Policy Occasional Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | This volume is part of a series of monographs on private pensions in OECD countries. Previous titles have considered the situation in Canada, Ireland, New Zealand and the United States. The United Kingdom pension system has some distinctive characteristics. Publicly-provided pensions have become less important as a source of retirement income. The ageing of the population will shrink the numbers of those working relative to those receiving old-age pensions, but because of the low rates of public pension payments, contribution rates will not need to rise dramatically to cover pension costs. Funded company-based schemes are extensive, with one of the highest asset to GDP ratios among the OECD countries. Personal private pensions are growing rapidly in coverage. Evidence suggests that these pension funds have boosted saving and increased the supply of long-term funds, so stimulating the development of capital markets. The size and scope of private pensions in the United Kingdom makes the ... |
| Physical Description: | 1 Online-Ressource (96 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/114267514347 |
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| spelling | Davis, E. Philip Verfasser aut Private Pensions in OECD Countries The United Kingdom E. Philip Davis Paris OECD Publishing 1997 1 Online-Ressource (96 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Labour Market and Social Policy Occasional Papers This volume is part of a series of monographs on private pensions in OECD countries. Previous titles have considered the situation in Canada, Ireland, New Zealand and the United States. The United Kingdom pension system has some distinctive characteristics. Publicly-provided pensions have become less important as a source of retirement income. The ageing of the population will shrink the numbers of those working relative to those receiving old-age pensions, but because of the low rates of public pension payments, contribution rates will not need to rise dramatically to cover pension costs. Funded company-based schemes are extensive, with one of the highest asset to GDP ratios among the OECD countries. Personal private pensions are growing rapidly in coverage. Evidence suggests that these pension funds have boosted saving and increased the supply of long-term funds, so stimulating the development of capital markets. The size and scope of private pensions in the United Kingdom makes the ... Social Issues/Migration/Health United Kingdom https://doi.org/10.1787/114267514347 Verlag kostenfrei Volltext |
| spellingShingle | Davis, E. Philip Private Pensions in OECD Countries The United Kingdom Social Issues/Migration/Health United Kingdom |
| title | Private Pensions in OECD Countries The United Kingdom |
| title_auth | Private Pensions in OECD Countries The United Kingdom |
| title_exact_search | Private Pensions in OECD Countries The United Kingdom |
| title_exact_search_txtP | Private Pensions in OECD Countries The United Kingdom |
| title_full | Private Pensions in OECD Countries The United Kingdom E. Philip Davis |
| title_fullStr | Private Pensions in OECD Countries The United Kingdom E. Philip Davis |
| title_full_unstemmed | Private Pensions in OECD Countries The United Kingdom E. Philip Davis |
| title_short | Private Pensions in OECD Countries |
| title_sort | private pensions in oecd countries the united kingdom |
| title_sub | The United Kingdom |
| topic | Social Issues/Migration/Health United Kingdom |
| topic_facet | Social Issues/Migration/Health United Kingdom |
| url | https://doi.org/10.1787/114267514347 |
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