1st Edition

Global Pension Challenges Pensions, Saving and Retirement in the Twenty-First Century

By Patrick J. Ring, Jonquil Lowe, Lien Luu Copyright 2024
    268 Pages 30 B/W Illustrations
    by Routledge

    268 Pages 30 B/W Illustrations
    by Routledge

    National pension systems face a range of tough social and economic demands and pressures. These are complex to navigate, especially in a twenty-first century world that has ushered in global uncertainty and pressing challenges – even threatening the planet’s very sustainability – with implications for pensions that policymakers, financial services providers and individuals themselves must address.

    This book probes, and unpacks, what pension systems aim to achieve, the uncertainties they face and how they are attempting to resolve them. Analysing pension provision from the systemic, political-economy and individual perspectives, it sets out and contextualises commonalities and differences in pension systems across the globe, looking at current developments in both public and private pension provision, structures and regulation. Moreover, the reader is encouraged to question how national pension systems can best serve their populations and ensure the ‘sustainability’ of later-life incomes in the light of today’s global pension challenges.

    Global Pension Challenges: Pensions, Saving and Retirement in the Twenty‑First Century is an essential read for business, finance and social-policy academics and students, those working in the pensions industry and in the areas of welfare reform and advocacy, as well as the general public wishing to know more about the retirement issues we will all face in the coming years.

    List of Figures and Tables
    Preface
    Acknowledgements
    Chapter 1 Introduction
    Patrick J. Ring
    Chapter 2 The retirement challenge
    Jonquil Lowe
    Chapter 3 The state and pensions
    Jonquil Lowe
    Chapter 4 Risk and private pension provision
    Patrick J Ring
    Chapter 5 Individuals and the retirement challenge
    Lien Luu
    Chapter 6 Empowering savers: saving for retirement and government policies
    Lien Luu
    Chapter 7 Conclusion
    Patrick J. Ring
    Index

    Biography

    Patrick Ring is a Reader in Financial Services at Glasgow Caledonian University, Scotland.

    Jonquil Lowe is a Senior Lecturer in Economics and Personal Finance at The Open University, UK.

    Lien Luu is an Associate Professor in Finance at Coventry University, UK.