Hugh Pemberton, Pat Thane, and Noel Whiteside (eds)
- Published in print:
- 2006
- Published Online:
- January 2012
- ISBN:
- 9780197263853
- eISBN:
- 9780191734281
- Item type:
- book
- Publisher:
- British Academy
- DOI:
- 10.5871/bacad/9780197263853.001.0001
- Subject:
- Political Science, Political Theory
British pensions are in crisis. Yet in all the discussion of what exactly the crisis consists of, and how it might be addressed, attention to the history of how the crisis has come about is ...
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British pensions are in crisis. Yet in all the discussion of what exactly the crisis consists of, and how it might be addressed, attention to the history of how the crisis has come about is surprisingly lacking. History has much to tell us about how pensions have developed in Britain, how that development has shaped the crisis that we now face, and how decisions taken in the past constrain our options for the future. In this book, leading experts on the past and present of pensions in Britain debate the present crisis, and the lessons of history for those seeking to craft solutions to it that are both effective and enduring. The volume also contains a number of chapters that draw important lessons from the experience of European and North American countries over the past few decades. The book contains reactions to the second report of the Pensions Commission and the government's response to it.Less
British pensions are in crisis. Yet in all the discussion of what exactly the crisis consists of, and how it might be addressed, attention to the history of how the crisis has come about is surprisingly lacking. History has much to tell us about how pensions have developed in Britain, how that development has shaped the crisis that we now face, and how decisions taken in the past constrain our options for the future. In this book, leading experts on the past and present of pensions in Britain debate the present crisis, and the lessons of history for those seeking to craft solutions to it that are both effective and enduring. The volume also contains a number of chapters that draw important lessons from the experience of European and North American countries over the past few decades. The book contains reactions to the second report of the Pensions Commission and the government's response to it.
Stefan Lundbergh, Ruben Laros, and Laura Rebel
- Published in print:
- 2014
- Published Online:
- December 2014
- ISBN:
- 9780198719243
- eISBN:
- 9780191788505
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198719243.003.0010
- Subject:
- Business and Management, Pensions and Pension Management
The chapter discusses the proposed regulatory frameworks for market valuation of liabilities in Europe and its implications for pension provision. The aim is to outline how changes in regulatory ...
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The chapter discusses the proposed regulatory frameworks for market valuation of liabilities in Europe and its implications for pension provision. The aim is to outline how changes in regulatory frameworks may develop, given the underlying demographic and societal trends. Because the rules are still under development, the chapter focuses on the key principles involved, rather than specific details. The impact on defined benefit pensions and insured solutions with guarantees is discussed in detail, especially with regard to the sustainability of the current guaranteed products. Collective solutions that are capital-efficient under the proposed regulatory framework are outlined as a viable alternative to individual defined contribution plans.Less
The chapter discusses the proposed regulatory frameworks for market valuation of liabilities in Europe and its implications for pension provision. The aim is to outline how changes in regulatory frameworks may develop, given the underlying demographic and societal trends. Because the rules are still under development, the chapter focuses on the key principles involved, rather than specific details. The impact on defined benefit pensions and insured solutions with guarantees is discussed in detail, especially with regard to the sustainability of the current guaranteed products. Collective solutions that are capital-efficient under the proposed regulatory framework are outlined as a viable alternative to individual defined contribution plans.
Áine Ní Léime, Nata Duvvury, and Aoife Callan
- Published in print:
- 2015
- Published Online:
- September 2015
- ISBN:
- 9781447316237
- eISBN:
- 9781447316244
- Item type:
- chapter
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781447316237.003.0005
- Subject:
- Sociology, Gerontology and Ageing
A gender gap in pension provision is widely recognised as a feature of most European pension systems that are often constructed on traditional gender norms of male breadwinner/female carer. ...
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A gender gap in pension provision is widely recognised as a feature of most European pension systems that are often constructed on traditional gender norms of male breadwinner/female carer. Surprisingly in the discourse on pension reforms, whose urgency is argued in light of the burden of demographic ageing and the threat of expanding fiscal crisis of state budgets, little attention is paid to the ways in which these reforms would differentially impact women and men. This chapter discusses the gendered consequences of pension reforms, with a particular focus on older women workers in Ireland in a time of austerity. Drawing on a feminist political economy of ageing perspective and using a life-course framework, the chapter explores the specific factors underlying gendered pension provision and the gendered impacts of recent changes to pensions as part of the Irish austerity programme. A key conclusion of the chapter is that pension reforms must be linked to other broad policy areas, such as low pay for care activities, investment in childcare and paternity benefits, to ensure the underlying gender constraints are addressed, giving women and men equal economic security in later life.Less
A gender gap in pension provision is widely recognised as a feature of most European pension systems that are often constructed on traditional gender norms of male breadwinner/female carer. Surprisingly in the discourse on pension reforms, whose urgency is argued in light of the burden of demographic ageing and the threat of expanding fiscal crisis of state budgets, little attention is paid to the ways in which these reforms would differentially impact women and men. This chapter discusses the gendered consequences of pension reforms, with a particular focus on older women workers in Ireland in a time of austerity. Drawing on a feminist political economy of ageing perspective and using a life-course framework, the chapter explores the specific factors underlying gendered pension provision and the gendered impacts of recent changes to pensions as part of the Irish austerity programme. A key conclusion of the chapter is that pension reforms must be linked to other broad policy areas, such as low pay for care activities, investment in childcare and paternity benefits, to ensure the underlying gender constraints are addressed, giving women and men equal economic security in later life.
Catherine Bochel, Nick Ellison, and Martin Powell (eds)
- Published in print:
- 2003
- Published Online:
- March 2012
- ISBN:
- 9781847424709
- eISBN:
- 9781447303428
- Item type:
- book
- Publisher:
- Policy Press
- DOI:
- 10.1332/policypress/9781847424709.001.0001
- Subject:
- Sociology, Social Research and Statistics
Social Policy Review 15 continues the tradition of providing a different style and approach to policy issues from that found in most academic journals and books. This volume combines issues such as ...
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Social Policy Review 15 continues the tradition of providing a different style and approach to policy issues from that found in most academic journals and books. This volume combines issues such as globalization, Europe, and pensions with examination of the current and historical contexts of social policy. Chapters have been purposely chosen to review a varied and interesting selection of topical social policy developments and to set these in a broader context of key trends and debates.Less
Social Policy Review 15 continues the tradition of providing a different style and approach to policy issues from that found in most academic journals and books. This volume combines issues such as globalization, Europe, and pensions with examination of the current and historical contexts of social policy. Chapters have been purposely chosen to review a varied and interesting selection of topical social policy developments and to set these in a broader context of key trends and debates.
Eddy Wymeersch
- Published in print:
- 2012
- Published Online:
- April 2015
- ISBN:
- 9780199660902
- eISBN:
- 9780191806902
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:osobl/9780199660902.003.0009
- Subject:
- Law, Company and Commercial Law
This chapter focuses on the powers of the three European Financial Supervisory Authorities (ESAs) and their role of overseeing financial regulation in the EU. These three authorities are: the ...
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This chapter focuses on the powers of the three European Financial Supervisory Authorities (ESAs) and their role of overseeing financial regulation in the EU. These three authorities are: the European Banking Authority; the European Insurance and Occupational Pensions Authority, and the European Securities and Markets Authority. The chapter defines the ESAs' remit by indicating their objectives and scope of action. It analyses the ESAs legally binding powers and non-legally binding tools by giving an overview of the Regulatory Technical Standards. It discusses the ESA's governance structure by comparing it to a limited company and highlights the numerous provisions relating to administrative status and functioning. In addition, the chapter describes the review clause reporting on the experience to the operation of the ESAs.Less
This chapter focuses on the powers of the three European Financial Supervisory Authorities (ESAs) and their role of overseeing financial regulation in the EU. These three authorities are: the European Banking Authority; the European Insurance and Occupational Pensions Authority, and the European Securities and Markets Authority. The chapter defines the ESAs' remit by indicating their objectives and scope of action. It analyses the ESAs legally binding powers and non-legally binding tools by giving an overview of the Regulatory Technical Standards. It discusses the ESA's governance structure by comparing it to a limited company and highlights the numerous provisions relating to administrative status and functioning. In addition, the chapter describes the review clause reporting on the experience to the operation of the ESAs.
