Pensioner benefits

We quantify the impact of increasing the state pension age from 65 to 66 on household incomes, poverty and public finances, after – in particular – ta

At this event, IFS researchers presented the findings of new research on the spending patterns of current retirees. Following this, Carolyn Jones, Head of Pensions Policy and Strategy at the Money and Pensions Service, gave a response to the findings of the report.

This briefing note considers the effects of the government’s proposed amendment to the Care Act, which would mean that means-tested support does not count for an individual’s progress towards the social care cost cap.

We shed light on the issue that ‘deferred’ pensions that people no longer contribute to might provide declining value for money over time if people do not engage with them.

As part of this year’s Festival of Social Science, IFS delivered a public economic talk on "Why are pensions important?" aimed at A-level and undergraduate students who have an interest in economics or might want to pursue a career in public policy research.

Dame Angela Eagle MP and leading experts in tax discussed whether the UK should make more use of taxes on wealth. Even if the overall tax take doesn’t rise, should more be raised from wealth for distributional reasons? And, if we are to tax wealth more, should this be achieved by reforming current taxes, such as those on property, capital gains and inheritances?

At this event, IFS researchers presented the key findings from their latest report on "Why do wealthy parents have wealthy children?", funded by the Economic and Social Research Council.

This report examines how household incomes were changing in the UK up to the eve of the COVID-19 pandemic, and how other measures of household living standards have changed over the course of the pandemic.