Intergenerational Differences: PLSA response to FCA discussion paper DP19/2
The intergenerational lens is a useful way to consider the wide range of challenges that savers of different ages face. Concern about intergenerational differences is prevalent in contemporary debate. For example, recent work by the Resolution Foundation found that the vast majority of adults in Britain believe that society should provide for older generations, but this provision should be matched by increasing prosperity for each successive generation. There is a widespread feeling that this sort of generational progress is no longer occurring.
Much of the PLSA’s recent work (see Retirement Income Adequacy: Generation By Generation and Hitting The Target) has focused on exploring the differences in pension provision between different generations.