ISSUES:

Decent pensions provision for people in later life is one of the hallmarks of civilisation.

Yet the generous entitlements established in most affluent countries are under threat from the fiscal implications of increased longevity and the economic downturn.

Raising state pension ages without creating inequitable outcomes will be a key challenge. Pensioner poverty remains a significant problem in many countries, especially in the developing world, but efforts to tackle poverty through means-tested benefits risks undermining savings incentives at a time when many individuals are being asked to save more for their own retirement.

News

This lecture series had four lectures from the 21st of September 2013 to the 15th of January 2014, the anniversary of the detah of DR S D Gokhale. Two further lectures were held on the 22nd of October 2013 and the 4th of December 2013.

An ILC Global Alliance Circular on retirement age reform.

Reports

This think-piece looks to Hong Kong,  whose pension infrastructure is similar to the one emerging in the UK to examine the potential impact of the UK's recent pension reforms.

Older people aren’t always getting the most from their retirement savings, according to a new report, by Jackie Wells for the ILC-UK.

This ILC-UK brief summarises the ILC-UK/ Actuarial Profession joint debate on the future of personal accounts and pension reform after the credit crunch, which took place in London in March 2009.