Funding the Future – Retirement and Social Care
As political leaders across the spectrum agree that the needs of an elderly population will be a priority for policy for the new government, social care has been a particular focus. The wider question of funding retirement and insuring against risk will be a central consideration in the shaping of policy.
It has long been recognised in the UK that while the state retirement pension and the Beveridge plan continue to have a role to play*, people must save independently towards retirement over working life and government must provide an incentive and put in place a framework to do so.
Politeia’s new series will consider how best government can meet the demands of a population living longer and healthier lives, in collaboration with the pensions and insurance industry.
Drawing on contributions from the legal, actuarial and economics profession and from politicians who have special knowledge of the subject, it will explore such questions as
- How can UK pensions and social care policy best address the UK’s changing demographic profile in coming decades?
- What change in the legal and policy framework would encourage the pensions and insurance industry to meet need effectively and efficiently?
- How should the UK continue to be a leading voice in determining international regulation for the sector, guard against systemic risk and set business free?