Pensions, earnings and forthcoming challenges

Understand this issue

Inheritance tax and farms

comment

The Autumn 2024 Budget brought some agricultural property into inheritance tax. What are the changes? Who will be affected? Were they a good idea?

25 November 2024

Inheritance tax rises and the Budget: who's affected?

podcast

We discuss how inheritance tax actually changed in the Budget, who will be affected and whether it was a good idea.

15 November 2024

Family values: inheritance, inequality and social mobility

podcast

Wealth concentration among baby boomers and stagnant earnings are driving the rise of the ‘Bank of Mum and Dad’, affecting social mobility.

3 March 2025

Policy analysis

Small pension pots: problems and potential policy responses

report

What are the consequences of the proliferation of deferred small pension pots and what are the merits of different potential policy responses?

12 February 2025

Government action needed to stop and reverse the proliferation of millions of small pension pots

press release

Without policy action, many will end up with their savings scattered across several small private pension pots by the time they reach retirement.

12 February 2025

Ethnic differences in private pension participation after automatic enrolment

report

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

Academic research

Ethnic differences in retirement wealth accumulation in the UK

working paper

What factors contribute to ethnic gaps in private pension participation rates, and how might these gaps impact future retirement incomes?

23 January 2025

Why do couples and singles save during retirement? Household heterogeneity and its aggregate implications

journal article

We find that most households save more for medical expenses than for bequests but that richer households and couples save more for bequests. 

1 March 2025

The effect of tax incentives on retirement saving

working paper

This paper estimates the responsiveness of retirement saving to tax incentives for employees in Great Britain. 

15 October 2024