Pension systems, savings and financial education

Overview

This strand of work creates the knowledge base to ensure pension adequacy and pension system sustainability in the era of increasing longevity, demand for life-cycle financial planning and fiscal austerity.

Objectives

• Review and propose practical actions on three aspects that are crucial in the delivery of adequate, sustainable and safe pensions in Europe:

  1. Intragenerational equity – supporting groups who are vulnerable in older age.

  2. Intergenerational risk sharing and private pensions.

  3. Effective communication of pension risks and expectations in providing incentives for savings and rational portfolio behaviour.

• Address policymakers, government agencies on social security, pension providers and insurance companies.

See our findings for this research field

The Innovations section contains details of social innovations related to this research field. They were collected as part of an overarching task exploring the potential for social innovation to support active and healthy ageing undertaken as part of the ‘Active and healthy ageing as an asset’ research field.