<p><p>The government recently legislated radical private pension reforms that will lead to the majority of employees being enrolled automatically by their employer into a private pension and in some cases into a new 'Personal Account'. The shift to automatic enrolment and increased requirements on employers to make contributions, should both boost pension coverage. A report published today by IFS researchers presents new evidence on individuals at which the Government's reforms are targeted. </p></p>
Authors

Deputy Director
Carl, a Deputy Director, is an editor of the IFS Green Budget, an expert on the UK pension system and sits on the Social Security Advisory Committee.

Research Associate University of Bologna
Matthew is Associate Professor at the University of Bologna focusing on consumption and savings choices and how policy affects them.
Press Release details
- Publisher
- IFS
More from IFS
Understand this issue

Are people saving enough into their pensions?
20 September 2024

The future of the state pension
21 December 2023

We can’t have any more budgets where speculation is running wild
Rachel Reeves needs to deliver a clear statement of intent for the remainder of this government’s time in office
28 October 2024
Policy analysis

Ethnic differences in private pension participation after automatic enrolment
What are the drivers of ethnic gaps in private pension participation rates and what consequences will these gaps have for future retirement incomes?
23 January 2025

Share of 25- to 34-year-olds living with parents up by over a third since the mid 2000s
The rise in people living with their parents has been concentrated among those in their late 20s and varies substantially by ethnicity.
11 January 2025

Next steps for private pension saving for employees and the self-employed
At this in-person event in Westminster, IFS researchers presented new findings from the Pensions Review.
Academic research

Ethnic differences in retirement wealth accumulation in the UK
What factors contribute to ethnic gaps in private pension participation rates, and how might these gaps impact future retirement incomes?
23 January 2025

The effect of tax incentives on retirement saving
This paper estimates the responsiveness of retirement saving to tax incentives for employees in Great Britain.
15 October 2024

Hidden redistribution in lifetime earnings: the role of differential mortality
Life expectancy gaps between gender and income groups are large and generate notable implicit redistribution in lifetime earnings via pension systems.
9 October 2024