Commissioned project - This project used household survey data to examine the likely financial circumstances and behaviour of people during retirement

The project involved three distinct strands, all of which exploit recently available data from large-scale household surveys to contribute to a greater understanding of the future prospects for retirement resources in Britain:

  1. The evolution of wealth and financial behaviour in Britain since 2006
  2. Differences in economic circumstances across successive cohorts
  3. Simulating the future distribution of incomes, and income-poverty, among older people
Project conducted by:

The Institute of Financial Services (IFS), with funding from the IFoA, as well as: Age UK; Department for Work and Pensions; Economic and Social Research Council; HM Treasury; Investment Management Association; Money Advice Service; Financial Conduct Authority; Just Retirement; and the Joseph Rowntree Foundation.

Events and waypoints: Presentations to stakeholders will run until the project closes in June 2015.
Outputs:

The final outputs of the programme of work comprised of published reports for each of the three projects. These were published as part of the IFS publications series and made freely available on the IFS website.

Outputs that have been produced from the programme include A. Hood and R. Joyce (2013), The economic circumstances of cohorts born between the 1940s and the 1970s, IFS Report.  

Commenced: 1 June 2013

 

Contact Details

If you want more information about our research programmes please contact the IFoA Actuarial Research Centre:

arc@actuaries.org.uk

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Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    Online
    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.

    The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.

  • Life 2021 Webinar Series

    Online
    22 November 2021 - 26 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    The role of actuaries within the health sector varies considerably from one country to another, due to differences in the local evolution of health systems and the funding models for health services. 

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.
     

  • The Many Faces of Bias

    2 December 2021

    Spaces available

    This webinar looks at the many types of biases, both conscious and unconscious and the impacts they can have in the workplace.  Raising our own awareness and understanding of the issues can help us avoid the pitfalls of unconscious bias in particular.  We’ve all heard the phrase ‘office banter’ but are we sure that’s how those on the receiving end perceive it and is it ok to go along with it?