Pensions aren’t what they used to be… a glimpse into the future

This paper – Pensions aren’t what they used to be… a glimpse into the future – has been written following the research and discussion conducted by the Thinking Ahead Institute’s Future of pensions working group.

The key objective of this working group was to explore the future viability of pension provision and, assuming it is viable, what form it is most likely to take. To do this, the Group considered what might be universally true (such as delayed consumption) alongside the pension mechanisms in different geographical and time contexts.

In this paper, we discuss what a good pension looks like, if we can count on future returns and hence, what might the near- and long-term future of pension design look like.

Pension design elements as ranked by the working group members (where size of each element represents its relative importance):