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Pension Schemes and Pension Funds in the United Kingdom » (2ND)

Book cover image of Pension Schemes and Pension Funds in the United Kingdom by David Blake

Authors: David Blake
ISBN-13: 9780199243532, ISBN-10: 0199243530
Format: Hardcover
Publisher: Oxford University Press, USA
Date Published: June 2003
Edition: 2ND

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Author Biography: David Blake

David Blake is Professor of Financial Economics at Birkbeck College, University of London, and Chairman of Square Mile Consultants, a training and research consultancy. He is also a Senior Research Associate, Financial Markets Group, London School of Economics; Senior Consultant, UBS Pensions Research Centre, London School of Economics; and Research Associate, Centre for Risk & Insurance Studies, University of Nottingham Business School.

Book Synopsis

Never has there been so much media interest in pensions as there is currently. Never has the pensions world changed so rapidly as it has over the last few years. This new edition of Pension Schemes and Pension Funds in the United Kingdom provides the latest information on all the key state and private pension schemes operating in the UK within the context of its long historical development since medieval times. It also examines government pensions policy over the last twenty years, and looks ahead to future trends and concerns.

Table of Contents

List of Abbreviations
IThe Historical Development of Pensions and Pension Schemes in the United Kingdom1
1The Development of State Pensions3
2The Development of Occupational, Personal, and Stakeholder Pension Schemes22
3The Role of the State in the Development of Pensions and Pension Schemes35
IIPensions and Pension Schemes in the United Kingdom57
4The Basic State Pension Scheme, the Minimum Income Guarantee, and the Pension Credit59
5The State Second Pension Scheme and its Predecessors79
6Occupational Pension Schemes94
7Personal and Stakeholder Pension Schemes185
8Self-employed, Partners', Executives', and Directors' Pension Schemes270
9Pension Choices and Retirement Decisions279
10Pensions and Public Policy308
IIIPension Funds in the United Kingdom375
11Pension Funding in the United Kingdom377
12Pension-fund Investments400
13Pension-fund Management466
14Pension-fund Investment Performance557
15The Consequences of Pension Funds for Capital Markets574
IVPostscript599
16The Ideal Pension Scheme601
Stop Press: Summary of Two Government Green Papers Published in December 2002613
AppPensions-related Organizations622
Glossary629
Index707

Subjects