DiscoverIFS Zooms In: The EconomyHow to fix UK pensions?
How to fix UK pensions?

How to fix UK pensions?

Update: 2025-07-041
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Today, we’re asking whether people in the UK will be able to afford a decent standard of living in retirement.


While the foundations of the system—like the state pension and automatic enrolment—are strong, there are growing concerns. Rising state pension ages, the unpredictability of the ‘triple lock’, low private saving rates, and the complexity of managing pension wealth in later life all pose challenges for future retirees.


So, what changes are needed to improve outcomes? What’s the right balance between state support and private saving? And how can pensions be made easier to navigate?


Paul Johnson is joined by IFS Deputy Director Carl Emmerson and Senior Research Economist Laurence O’Brien to discuss the findings of the IFS pensions review.


Become a member: https://ifs.org.uk/individual-membership


Find out more: https://ifs.org.uk/podcasts-explainers-and-calculators/podcasts


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How to fix UK pensions?

How to fix UK pensions?