The Rationale for Retirement Behaviour Working Party will seek to better understand patterns amongst those retiring with regards to their pensions choices
Key objectives:
- to analyse annuity patterns amongst those retiring from DC schemes: eg propensity to purchase flat rather than indexed pensions and single life rather than joint life
- to model impacts of choices: for example, to what extent is it correct that the remaining dependant (normally a widow) will have her own adequate pension
- to study all the variables that would lead it to be a rationale decision not to buy an index linked pension?
- to illustrate effect out choices on outcomes, eg taking into account new state pension having no inherited rights
- consider results in the context of what is 'a good member outcome'
Outputs:
- Report on final findings to the 2015 Pensions Conference
- Develop a model to be open sourced
| Chair | Mick Howard |
|---|---|
| Membership | 5 |
| Established | 2014 |
Related documents
-
Guidance for Member-Led Research Working Parties
9 November 2017
Contact Details
For more information about Pensions working parties contact the Communities Team.
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