How retirement planning has transformed over the past 50 years

PPI report looks at the move from predictable pensions to personal responsibility

Jonathan Stapleton
clock • 3 min read

The Pensions Policy Institute (PPI) has released a 50-Year retrospective – charting the evolution of the UK pension landscape over the past half century and looking ahead to 2034.

The report – sponsored by Capita Pension Solutions as it marks its 50th anniversary - highlights how economic, demographic, and technological changes have transformed pension schemes and retirement planning in the UK over the past five decades, and analyses how these factors have influenced the experiences of savers and those nearing retirement, using hypothetical households to bring these changes to life. Looking ahead to 2034, the report also identifies developments that will impact on people's ability to achieve adequate retirement living standards, including increasing life expectanc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Why wait for targeted support? Industry can build client confidence now

Why wait for targeted support? Industry can build client confidence now

'The power of compound interest should not be underestimated'

Andrew Tully
clock 10 December 2024 • 3 min read
Time is of the essence for pension transfers, advisers say

Time is of the essence for pension transfers, advisers say

More than half highlighted that they are taking one to six months

Isabel Baxter
clock 28 November 2024 • 3 min read
A decade on: Risks and challenges of freedom and choice

A decade on: Risks and challenges of freedom and choice

'Let me be clear: No one will have to buy an annuity'

Adrian Boulding
clock 25 November 2024 • 6 min read