Prospects for non-state pension provision in the UK

Authors

  • Anna Vasilyevna Skurova Moscow State Institute of International Relations (University) MFA Russia

Keywords:

Private sector of pension provision, pension benefits, defined benefit pension scheme, defined contribution pension scheme, hybrid pension schemes, defined ambition pension schemes, pension sponsor, life expectancy, pension scheme strategy, automatic enrolment

Abstract

The article deals with the state of private pension provision in the UK, particularly its structure and characteristics of private pension schemes. The main trends in the private pension provision development and the factors playing a key role in the changes in the share of DB pensions schemes in its structure are considered. The author outlines the strategies pursued by the sponsors and trustees of DB pensions schemes. Special attention is paid to the future prospects of the private pension provision in the UK in view of the reforms in the pension provision sector that have already been carried out or are proposed by the Government to be implemented in the near future.

Author Biography

Anna Vasilyevna Skurova, Moscow State Institute of International Relations (University) MFA Russia

Candidate of Economic Sciences
Place of work, post: Moscow State Institute of International Relations (University) MFA Russia, Department of English language №2, Senior lecturer

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Published

2024-02-08

How to Cite

Skurova, A. V. (2024). Prospects for non-state pension provision in the UK. Russian Foreign Economic Journal, (6), 44–56. Retrieved from https://journal.vavt.ru/rfej/article/view/1030

Issue

No. 6 (2014)

Section

World economy

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