The Way Out of the Pensions Quagmire

Name: The Way Out of the Pensions Quagmire
Brand: Institute of Economic Affairs
SKU: 9780255365178
Price: 1811.0 INR
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by Philip Booth

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ISBN13: 9780255365178
Binding: Hardcover
Subject: N/A
Publisher: Institute of Economic Affairs
Publisher Imprint: Institute of Economic Affairs
Publication Date: March 20, 2005
Pages: 96
Original Price: GBP 12.5
Language: English
Edition: N/A
Item Weight: 228 grams
BISAC Subject(s): Economics / General

About The Book

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 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.

About The Author

Booth, Philip: - Philip Booth is Academic and Research Director at the Institute of Economic Affairs and Professor of Finance, Public Policy and Ethics at St Mary's University, Twickenham. From 1 November 2016, he will be Director of Research and Public Engagement at St Mary's. Previously, he worked for the Bank of England as an advisor on financial stability issues and has been Associate Dean of Cass Business School. He has written widely, including a number of books, on investment, finance, social insurance and pensions as well as on the relationship between Catholic social teaching and economics. Philip has a BA in economics from the University of Durham and a PhD from City University.

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