Category: Business, Finance & Law|
The author of the book: Philip Booth
Format files: PDF, EPUB, TXT, DOCX
The size of the: 468 KB
Edition: Institute of Economic Affairs
Date of issue: 30 June 2005
Description of the book "The Way Out of the Pensions Quagmire":This book provides an analysis of the current problems of pension provision in the UK and a radical plan for reform. The authors believe that the system of retirement income provision in the UK is so mired in complexity that nothing less than wholesale change is necessary. The authors believe that state pensions should only be offered on a contributory basis - there should be no automatic right to a 'citizen's pension', as has been proposed by many commentators. Attention should also be paid to the social security system to remove the perverse incentives of means testing. Anomalies and PDF special treatment of favoured groups in the tax system should also be removed. The Way Out of the Pensions Quagmire proposes a holistic approach to pension reform that takes proper account of the interaction between pensions, tax, social security and financial regulation.
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