These reports from the Pensions Policy Institute will serve as a guide to the possible impact of policy as it will be implemented, and they will also form a baseline against which the future impact of auto-enrolment can be measured. The reports addressed the following questions:
- What level of pension contribution is needed to obtain an adequate retirement income?
- How can older workers be helped to benefit from automatic enrolment?
- Will automatic enrolment increase pension saving?
The series was sponsored by the Department for Work and Pensions (DWP), B&CE Benefit Schemes and the Institute and Faculty of Actuaries (IFoA).
A consortium of major sponsors supported particular research projects. These include:
- Defined Contribution (DC) Investment Forum
- Association of British Insurers (ABI)
- Legal and General.
IFoA representatives sat on the project Steering Committee.
For each part of the project there is a published, printed research report, which was accompanied by a launch event (hosted by the report’s major sponsor)
Timelines of projects:
- Adequacy: January-September 2013
- Older workers: July 2013 -January 2014
- Savings: December 2013-July 2014.
What Level of Pension is Needed to Obtain an Adequate Retirement Income?
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