The generation of wealth: asset accumulation across and within cohorts

Published on by

Shared Growth

Family wealth in 21st Century Britain is huge and growing, rising from £9.9 trillion before the financial crisis to over £11 trillion in the most recent data – more than six times our national income. Significant increases have come from house price rises in the 1990s and 2000s, followed by major growth in private pension wealth more … Continued

READ MORE

The pay deficit: measuring the effect of pension deficit payments on workers’ wages

Published on by

Welfare & Tax Reform

Across the UK economy, the share of overall employee compensation accounted for by non-wage elements such as employer pension contributions has increased substantially since 2000. This increase was driven in no small part by increased payments by employers to plug defined benefit deficits and coincided with a marked pre-crisis slowdown in pay growth, causing speculation … Continued

READ MORE

Still just about managing? Pre-election briefing on the main political parties’ welfare policies

Published on by

Welfare & Tax Reform

Our pre-election series of briefing notes have so far centred on the main parties’ approaches to deficit reduction and to tax. To complete the fiscal ‘set’ we must also consider their take on welfare. This note explores future welfare challenges for an incoming government and examines the extent to which the differing party commitments might … Continued

READ MORE

The deficit the election forgot? Pre-election briefing on the main parties’ fiscal positions

Published on by

Fiscal Choices

While the deficit remains in place, it is heading back to the sort of level relative to the size of the economy that past generations have been comfortable with. With the process of fiscal consolidation dominating so much of the political discourse in recent years it’s unlikely that many voters will be lamenting a dialling … Continued

READ MORE

A mid-life less ordinary? Characteristics and incomes of low-to-middle income households age 50 to State Pension age

Published on by

Shared Growth

This report provides an insight into the financial situation of those older low to middle income households highlighting the living standards challenges they face, some unique to this group but others shared by all working-age households. In doing so it aims to provide better understanding of the characteristics of older low to middle income families … Continued

READ MORE