Are You a Retirement Policy Expert?
9 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

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</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</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</p> Signup and view all the answers

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

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

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser