1st Edition

Understanding Pensions

By Martin Sullivan Copyright 2004
184 Pages
by Routledge

184 Pages
by Routledge

184 Pages
by Routledge

With birth rates falling at the same time that average age is rising in the developed world, the pensions time bomb is ticking louder than ever. Understanding how pensions work, their history, and their future is absolutely essential. This book thoroughly explains to readers the unique concepts and terminology which underpin pensions. Focusing firstly on the rationale for pensions and their... Read more
Part 1: Pensions: Principles and Practice 1. Pensions and Pension Schemes 2. Public Pensions 3. Changes and Challenges 4. Population Ageing in Britain 5. Occupational Pensions 6. Public Sector Pensions 7. Final Salary Woes 8. Individual Pensions 9. Pensioners' Incomes Part 2: Pensions: Issues and Controversies 1. Population Ageing in Perspective 2. Living and Working for Longer 3. Of Ponzi Schemes and Pension Funds 4. Taxing Funded Private Pensions 5. Annuities and Annuitization 6. The Maxwell Affair 7. The Perils of Self-Investment 8. Solvency, Accounting and Occupational Scheme Closures 9. A Pension Benefit Guarantee Corporation for the UK 10. The Personal Pension Mis-Selling Scandal 11. The Equitable Life Fiasco 12. Closing the Pension Savings Gap 13. Simplifying Pensions Part 3: An A-Z of Pensions

Biography

Senior Lecturer in Economics, University of the West of England, Bristol, UK.