Pensions· Social security What a ratchet! Why it’s time to stop being polite about the triple lock 10 June 2026 by Ruth Curtice and Alex Clegg The State Pension triple lock has delivered real gains for pensioners since its introduction in 2012. But the case for boosting pensioner incomes over and above others has now run out, while the case for the triple lock as a way to deliver such a boost was always poor. Pensioners have seen three times as … Continued READ MORE
Pensions· Social security· Savings & debt Revisiting the State Pension age Resolution Foundation submission to the 2025 State Pension age review 1 November 2025 by Charlie McCurdy and Louise Murphy and David Willetts The previous Government proposed that the State Pension age should rise such that people spend “up to one-third” of adult life in receipt of the State Pension. Subsequent consideration of setting the State Pension age has been heavily influenced by this focus on life expectancy. However, there are many other factors to be considered in setting the State Pension age. It is very welcome that the terms of reference for the review include a range of other factors. One key consideration in this, as with all major policy decisions, is budgetary constraints. READ MORE
Pensions· Savings & debt Perfectly adequate? Revisiting pensions adequacy 20 years after the Pensions Commission 10 October 2024 by Molly Broome and Ian Mulheirn In 2002, the Labour Government established the Pensions Commission to review the UK’s private pensions system and make recommendations for reform. Twenty years on from the Commission’s landmark first report, the auto-enrolment pension regime it proposed has finally come to fruition, revolutionising pension coverage in the UK. But alongside the rollout of this pioneering policy, … Continued READ MORE
Pensions· Savings & debt Calculating a Living Pension: the 2024 update 4 September 2024 by Molly Broome This report sets out the method through which the Living Pension standard – a voluntary savings target that aims to help workers build up a pension pot that will provide enough income to meet basic everyday needs in retirement – is calculated by the Resolution Foundation. READ MORE
Pensions· Savings & debt Building a living pension Closing the pension savings gap for low to-middle income families 23 January 2021 by David Finch and Cara Pacitti The Living Wage has been successful in providing a focus on the living standards of low-paid workers and increasing pay for many lower-paid employees. However, there has been much less of a focus on the future living standards of the same group. A ‘Living Pension’ could help us understand the savings required today to provide … Continued READ MORE
Labour market enforcement· Pensions· Savings & debt Enrol up! The case for strengthening auto-enrolment enforcement 27 August 2020 by Hannah Slaughter This briefing note is part of a three-year programme of research exploring labour market enforcement generously funded by Unbound Philanthropy. It considers the extent of non-compliance with auto-enrolment, and whether there are ‘under-enrolment’ hotspots that require closer scrutiny. We estimate that around 3 per cent of eligible employees are not enrolled in a pension scheme … Continued READ MORE
