Towards a New Pensions Settlement

Delivering a stable income in retirement should be the primary focus of any workplace pension system. This is notably not the case in most Anglo-Saxon countries, including the UK, which has recently undergone a retirement income market liberalisation.This volume is the third in a series looking at pension systems from a comparative perspective. The series aims to promote greater understanding of what works and doesn't work in pension system design, and considers a range of political, economic and cultural factors when explaining different national approaches. This volume explores how successfully defined contribution pension saving systems can deliver a decent retirement income for low- and middle-income earners. With contributions from academic experts and practitioners from around the world, this volume considers pension systems in Canada, Chile, Denmark, France, Germany, Greece, Indonesia, Switzerland, and the UK.