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Funding the Future – Retirement and Social Care – Framing the Policy on Social Care

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?
Related Publications:

‘Paying for Elderly Social Care: What Principles? What Aims?’, by Stephen Hammond, Sheila Lawlor, Melanie Powell & Colin Wilson

Paying for the Future: Working Systems for Pensions and Healthcare, by Ludger Schuknecht, Matthias Dauns & Werner Erbert

Working Systems: Towards Safer NHS Nursing, by Tony Hockley & Sean Boyle

Pension Reckoning: Paying for Private and Public Pensions’, by Charles Cowling

A Premium on Patients: Funding the Future NHS, by Tony Hockley

Providing for Pensions: Principles & Practices for Success, by Theresa May

The Challenge of Ageing: Pension Reform, International Trends and Future Imperatives, by Chris Daykin

Providing for Pensions: Savings in a Free Society, by Tim Congdon

Saving Savings: How to Promote Personal Investment, by Charles Jackson

The Pensions Predicament: Means Testing, the Savings Trap and the Labour Market, by Paul Thornton, Jonathan Gardner & Mike Orszag

Mounting Costs: Regulation, Employment and the British Labour Market, by Nicholas Boys Smith

Systems for Success: Models for Healthcare Reform, by Sheila Lawlor, Georg Baum, Jean-Louis de Brive & Deepak Lal

‘How Savings Damage Your Retirement’, by Frank Field

‘Pension Systems: The EU and Accession Countries, Lessons for the UK’, by Chris Daykin

‘Second Opinion? Moving the NHS Monopoly to a Mixed System’, by Sheila Lawlor

‘Incapacity and Disability: Paying for the Consequences’, by Chris Daykin

‘Caring for the Long Term: Financing Provision for the Elderly’, by Philip Booth

‘What Future Local Authority Social Services?’, by Stephen Dorrel

‘Volunteerism and Charitable Giving in the Health Service’, by Angela Rumbol

‘The Cost of Caring: The Economics of Providing for the Intellectually Disabled’, by Shane Kavanagh & Louis Opit

‘Funding the Future: Problems in Pension Reform’, by Chris Daykin

‘Mounting Debts: The Coming European Pension Crisis’, by Gabriel Stein

‘Providing for Pensions’, by Peter Lilley



‘Funding the Future – Retirement and Social Care – What Questions, What Aims?’
Stephen Hammond MP, Minister of State for Health (2018-19), Colin Wilson, Deputy Government Actuary, Melanie Powell, Senior Lecturer in Economics, University of Derby

Paying for the Future: Healthcare and Pensions, Publication Launch
Dr Ludger Schuknecht, Director of Economic Policy, German Finance Ministry
Matthias Dauns

The UK Pension System and the Wider World
Chris Daykin, UK Government Actuary 1989-2007

The Australian Pension System: Are there lessons for the UK?
The Hon. Nick Sherry, former Australian Minister for Superannua­tion (2007-2009) and former Australian Assistant Treasurer

The Swiss Pension System and Germany’s Reform Plans
Professor Lars Feld, Member of the German Council of Economic Experts

Can We Pay for the Future? Financing health and pension systems
Dr Ludger Schuknecht, Director General of Economic Policy at the German Federal Ministry of Finance

Spring Address: Tackling Unemployment and the Benefits Culture
The Rt Hon Chris Grayling MP, Minister of State for Work and Pensions

Politeia Anniversary Address: Providing for Pensions – Principles and Practice for Future Success
The Rt Hon Theresa May MP, Shadow Secretary of State for Work and Pensions

Politeia Winter Address: Conservative Plans for Healthcare
Andrew Lansley CBE MP, Shadow Secretary of State for Health

Regulation and Pensions?
Chris Daykin, HM Government Actuary (1989-2007)

How to Pay for Pensions
Professor Tim Congdon, C. Daykin, P.Thornton, P. Hammond