Chapter

Pensions and income security in later life

Evandrou Maria and Falkingham Jane

in Towards a more equal society?

Published by Policy Press

Published in print February 2009 | ISBN: 9781847422026
Published online March 2012 | e-ISBN: 9781447304036 | DOI: http://dx.doi.org/10.1332/policypress/9781847422026.003.0009
Pensions and income security in later life

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With older people in mind, this chapter assesses New Labour's progress towards its twin goals of tackling poverty and social exclusion among today's pensioners and ensuring that more of tomorrow's pensioners retire on a decent income. In 1999, New Labour set out its blueprint in Opportunity for All. This chapter discusses New Labour's policy agenda in the area of pensions and then assesses the extent to which it has been successful in improving the living standards of the poorest pensioners, now and in the future. It starts by considering the background and inheritance faced by New Labour, including the policy legacy and demographic context that prompted and helped to shape the government's pension reforms.

Keywords: New Labour; poverty; social exclusion; pensioners; Opportunity for All; pension reforms

Chapter.  8548 words.  Illustrated.

Subjects: Social Stratification, Inequality, and Mobility

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