Are You a Retirement Policy Expert?
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Questions and Answers

What is the main reason for the ageing of the population in the UK?

  • Improved healthcare
  • Higher birth rates
  • Increased immigration
  • Longer life expectancy and lower fertility rates (correct)

What impact will the ageing population have on organisational practices and pension policies?

  • No impact
  • A considerable impact (correct)
  • An unpredictable impact
  • A minor impact

What is the trend in the ageing population in the UK?

  • A slow and steady increase (correct)
  • A decrease
  • A rapid increase
  • A sudden decrease

Which group of employees is most likely to retire fully once they reach State Pension age?

<p>A good majority of people (B)</p> Signup and view all the answers

What is the main reason for governments seeking to reduce welfare bills and help ease skills shortages while reducing the extent of overseas immigration?

<p>To attract older workers back into economic activity (A)</p> Signup and view all the answers

What is the trend in the average retirement age for women in the UK?

<p>It has been continuously rising (D)</p> Signup and view all the answers

Which type of pension scheme do most companies currently offer to their employees?

<p>Defined contribution schemes (D)</p> Signup and view all the answers

What is the main disadvantage of defined contribution schemes compared to final salary schemes?

<p>They produce a lower level of pension (B)</p> Signup and view all the answers

Why are younger colleagues not being as generously provided for in terms of pensions?

<p>Employers cannot afford to fund their pensions (C)</p> Signup and view all the answers

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