The million dollar be-question: inheritances, gifts, and their implications for generational living standards

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Intergenerational Commission, Tax and Welfare

This report assesses the role that intergenerational family transfers – inheritances and gifts – will play in addressing the generational living standards challenge that Britain faces. Nowhere is this challenge clearer than in relation to home ownership and wider wealth accumulation for today’s younger generation, so the future flow of assets down generations appears an … Continued

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As good as it gets? The adequacy of retirement income for current and future generations of pensioners

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Intergenerational Commission, Tax and Welfare

Recent strong growth in the incomes of pensioner households and reductions in pensioner poverty are to be welcomed. But set against much weaker incomes for working age households and the challenges younger generations are facing in accumulating wealth, anxiety is building that these outcomes may not be sustained for future generations of retirees. Their prospects … Continued

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A Budget for intergenerational fairness?

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Public Finances and the Economy, Intergenerational Commission

Beyond facing down expected economic downgrades and clarifying the direction on Brexit, resetting the agenda on intergenerational fairness has emerged as a top priority for the Chancellor in this month’s Budget. This focus reflects a growing body of evidence showing that generation-on-generation living standards progress is under threat for today’s young adults – as analysis … Continued

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Consuming forces: generational living standards measured through household consumption

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Incomes and Inequality, Intergenerational Commission

This report, which has been prepared by the Centre for Research in Social Policy at Loughborough University and the Resolution Foundation for the Intergenerational Commission, sheds further light on living standards across generations by considering levels and patterns of expenditure for working-age households in detail. It uses surveys of household spending to explore how actual … Continued

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Home Affront: housing across the generations

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Housing, Wealth and Debt, Intergenerational Commission

In this, our 9th report for the Intergenerational Commission, we take on the hugely important topic of housing. We compare the housing outcomes achieved by different generations over the life course and assess the extent to which intergenerational inequalities exist when it comes to security, to affordability and to quality. We explore how the housing … Continued

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The millennial bug: public attitudes on the living standards of different generations

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Housing, Wealth and Debt, Intergenerational Commission

As previous analysis for the Intergenerational Commission has highlighted, the principle of generation-on-generation progress that has come to define 20th Century Britain shows signs of being disrupted. In a range of areas, including their earnings levels, housing situation and the extent to which they are building up resources for later life, the living standards of … Continued

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