Pensions are a major public policy issue in most OECD countries and it is not difficult to understand why. They represent a large fraction of government fiscal obligations, a burden which is expected to increase yet further as the 'baby boom' generation approaches retirement.
At the same time, private pensions are a major component of financial markets (for example, in the UK the value of pension funds is about 2/3 of GDP).
The Pensions Institute (PI) is the first and only UK academic research centre focused entirely on pensions research. Our purpose is to serve as an essential forum for pensions data and research, with particular emphasis on the UK system, while promoting our work and activities.