are a major public policy issue in most OECD countries and it is not difficult
to understand why. In most countries, pensions represent a large fraction
of government fiscal obligations, a burden which is forecasted to increase
yet further as the "baby boom" generation approaches retirement. At the same
time, private pensions are a major component of financial markets (for example,
in the UK the value of pension funds is approximately equal to 100% of UK GDP) and an important contributor to savings, investment and economic growth.
The Pensions Institute (PI) is the first and only U.K. academic research centre focused entirely on pensions research. The purpose of this centre is to serve as a clearinghouse for information on pensions, with particular emphasis on the U.K. system, and to publicize PI research and activities.
The Independent Review of Retirement Income. On 24 November 2014, The Pensions Institute released a Consultation Paper relating to The Independent Review of Retirement Income set up by Rachel Reeves MP, Shadow Pensions Secretary. Listed below are the Consultation Paper, the Template for Responses and the Press Release. The closing date for responses is 20 February 2015.
- Independent Review of Retirement Income: Consultation Paper.
- Template for response (in word).
- Press Release.
Longevity 11: Eleventh International Longevity Risk and Capital Markets Solutions Conference took place on Tuesday 8 & Wednesday 9 September 2015 in Lyon, France (with additional research day on Monday 7 September 2015).
LifeMetrics Open Source R code for Stochastic Mortality Modelling is available here: http://www.macs.hw.ac.uk/~andrewc/lifemetrics/
Two new books
from the Director of the Pensions Institute
Two old books from the Director of the Pensions Institute
- Issues in Pension Funding (Routledge Revivals)
- Modelling Pension Fund Investment Behaviour (Routledge Revivals)
New book on pensions
IPE Pensions Scholarship Fund: