Pensions
Investigation into the requirement for and optimum level of a Wellbeing Pension
Author / Creator: Niamh McGhee
Media type: Report
Date published: 2023
Pensioners in the UK suffer from a high degree of inequality. How could a Wellbeing pension change that?
Optimum level of a Wellbeing Pension
Author / Creator: Niamh McGhee
Media type: Report
Date published: 2023
Current (2023) pensions are over £1 000 per year less than a Wellbeing pension.
The reality of pensions in a Scotland that has voted for independence
Author / Creator: MammothWhale
Media type: Blog
Date published: 2022
A look at the actual opportunities and challenges an independent Scotland would have with pensions.
How an Independent Scotland could reset the basic State Pension
Author / Creator: Business for Scotland
Media type: Online article
Date published:
How an Independent Scotland could reset the basic state pension. The basic UK state pension is the lowest in the developed world at 21.6% of final earnings. UK citizens are expected to make private provision for their retirement. This leaves the poorest, in particular women, locked into pensioner poverty. A newly Independent Scotland may want to borrow ideas from other countries with better pension arrangements.
Claim UK pension is worst in developed world is Half True
Author / Creator: The Ferret
Media type: News Media
Date published:
UK’s mandatory state pension is among the lowest in the OECD. Pensioners in the UK face relatively high levels of poverty.
Twenty million adults could be in line for ‘state pension age reprieve’ as life expectancy improvements ‘collapse’ even before the Pandemic
Author / Creator: Lane Clark and Peacock
Media type: Report
Date published:
The government’s current plans to raise state pension age to 67 by 2028 and age 68 by 2039 have been ‘blown out of the water’ because expected improvements in life expectancy have largely failed to materialise.
Lessons for Scotland in how newly independent countries boosted pensions
Author / Creator: Believe in Scotland
Media type: Article
Date published: 2021
UK state pensions are the least generous in North West Europe in comparison to the average wage.
Better Pensions
Author / Creator: Believe in Scotland
Media type: News Media
Date published:
The UK has the worst state pension in the developed world (defined as full OECD membership). In 2018, it was only worth 28.4% of average income at retirement (based on the net replacement rate). The EU average percentage is more than double that of the UK pension.
Retirement Living Standards Updated to Reflect Expectations Changed by Lockdown
Author / Creator: Pensions and Lifetime Savings Associaton
Media type: Press release
Date published:
State pensions are the lowest in OECD countries.
Revealed: UK’s paltry pension can’t provide even the most basic standard of living
Author / Creator: Believe in Scotland
Media type: News Media
Date published:
The UK state pension is not big enough to support the bare minimum standard of living for a single person, according to a new report. And it warns that a quarter of employees are not on track to be able to afford it.
Revealed: UK’s paltry pension can’t provide even the most basic standard of living
Author / Creator: Believe in Scotland
Media type: Blog
Date published:
UK state pensions are just 29% of average earnings. This is the lowest of any OECD country.
The Impact of Scottish Independence on Tax, Pensions, and Financial Services
Author / Creator: Clifford Chance
Media type: Assessment report
Date published: August 2021
The most likely overall outcome for taxation is that rUK would treat Scottish individuals and companies in the same way as it treats any other country's individuals and companies (and vice versa). Scotland will need to establish its own financial regulator and resolution authority and make arrangements for continuing the licences and supervision of Scottish firms. Arrangements for pension investments and payments will be required.
What happens to pensions after a Yes vote?
Author / Creator: Believe in Scotland
Media type: News Media
Date published:
Independence gives us the chance to significantly increase the state pension. Even If we only match the European average that would double the current state pension.
The UK's worst state pension in developed world.
Author / Creator: Believe in Scotland
Media type: News Media
Date published:
The UK state pension is the worst in the developed world in terms of its value verses average wages. It ranks bottom in a list of countries compiled by the Organisation for Economic Co-operation and Development (OECD), paying out just 29% of the average wage.
Divest¦Reinvest: Scottish Council Pensions for a future worth living in
Author / Creator: Ric Lander
Media type: Policy Paper
Date published: March 2017
A report of the effects of divestment of Scottish pension funds from fossil fuel companies and re-investment into socially and environmentally useful investments.
Lessons for Scotland in how newly independent countries boosted pensions
Author / Creator: Believe in Scotland
Media type: Web site
Date published:
UK pensioners receive around a quarter of the average working wage. Russian pensioners get 57% of the average wage, Latvians 54%, Croations 54%, Slovenia 57%. The UK pensioners receive 28% of the average wage as their state pension.