Why Thought Leadership
Pensionomics.com began with a belief – that the UK deserves a more efficient, equitable and sustainable pension system than it currently has. Such a system – fit for the 21st century – would be to the benefit of everyone in the future.
However a necessary step towards any new pension system is to have an honest public debate about what is at stake and to build a consensus for change supported by all parts of society. This change does not only pose challenges but also substantial opportunities.
Even before the financial and economic crisis, Britain’s pension system was under strain, with the traditional partnership between public and private sector increasingly being challenged by the decline of defined-benefit occupational pensions and parts of society not saving enough for their retirement. The crisis has left all aspects of the British pension system in a weakened state and it is unlikely that it will return to its pre-crisis status once the economy recovers. The recent debate on the affordability of public sector pensions adds another dimension to an already complex issue, which was absent in the past.
To achieve our objective of stimulating and contributing to a national debate, pensionomics.com intends to publish rigorous analysis and timely commentary on all aspects of the pension landscape, and to offer potential solutions to identified challenges. The lessons drawn are likely to be of interest to other countries – developed and emerging – facing their own challenges and conversely, their own experiences will be invaluable in furthering our understanding.
We are proud to be associated with the London School of Economics’ Pensions Tomorrow Initiative. We believe that an inter-disciplinary approach is required to derive at workable solutions for the future and that we can learn from international experiences. Pensionomics.com aims to support an informed and independent debate on pensions by capturing a wide range of views and opinions, including third party commentary. All contributions will be reviewed by the Editors to ensure quality.
We would like to hear from you and hope that you share our view that Britain deserves a better pension system to the benefit of everyone in the future. If you would like to submit contributions for publication on pensionomics.com, please get in touch with Dr Amarendra Swarup.