Dr Frank Eich
Featured article - Research papers
The importance of defined-benefit occupational pension schemes in selected OECD countries
This paper discusses the role which (funded) defined benefit private sector occupational pension schemes play in national pensions in a sub-group of OECD countries. The paper shows that in the majority of countries under consideration statutory (state) pension schemes are the main if not only source of income in retirement for most people, with occupational pensions only playing at most a
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Featured article - Briefing notes
Unfunded public sector pension liabilities and debt in national accounts
It has been argued that public sector pension liabilities are “the UK’s second national debt”, and that the government should be transparent about it and account for this liability in its published debt figures. One consequence of reclassifying the estimated £1 trillion liabilities as “debt” would be a doubling of the official debt stock and hence also the debt to GDP
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Featured article - Briefing notes
Back to the drawing board: The economic crisis and its implications for pension provision in the UK: An update
In June 2009, we published our paper Back to the drawing board: The economic crisis and its implications for pension provision in the United Kingdom. We argued that the economic crisis had highlighted not only weaknesses in financial markets and regulation but also in existing pension systems in many countries. The paper presented and discussed the myriad channels
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Featured article - Research papers
The financial and economic crisis and pension systems: International experiences
There has been much discussion in the British general and specialised media over the last year on the adverse consequences of the economic and financial crisis on the British pension system. It should come as no surprise that the crisis has also adversely affected pension systems in most other countries too. This paper contributes to the current debate on pensions in the UK by discussing how
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Pensions – A complex issue spanning all parts of society - And not going away any time soon
When we started sketching out our Thought Leadership project in early 2008, the world was a different place. By late 2007 Britain had seen its first bank run in a century as Northern Rock collapsed but that the entire global financial system would go into meltdown in late 2008 was still unimaginable. Soft landing certainly, recession perhaps, deepest crisis in living memory, never…
As
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