Corpus ID: 169908254

Early Access to Pension Savings : International Experience and Lessons Learnt

  title={Early Access to Pension Savings : International Experience and Lessons Learnt},
  author={F. Stewart and H. Jain and Will Sandbrook},
  • F. Stewart, H. Jain, Will Sandbrook
  • Published 2019
  • Business
  • The objectives of a well-designed pension system are poverty reduction in old age and income smoothing throughout an individuals' lifetime. Over the last thirty years, changing demographic trends have caused a shift from 'pay as you go' and occupational defined benefit (DB) schemes - where the obligation for paying for retirement income is with the state and employers - to defined contribution (DC) schemes, where the obligation to save for retirement rests more with individuals. The transition… CONTINUE READING

    Figures and Tables from this paper.


    Publications referenced by this paper.
    Liquidity in Retirement Savings Systems: An International Comparison
    • 27
    • Highly Influential
    • Open Access
    Pension Funds and the Impact of Switching Regulation on Long-Term Investment
    • 2
    • Open Access
    Mental Accounting and Consumer Choice
    • 3,458
    • Open Access
    The Squeezed Segment
    • 2016