9 Questions
What is the main reason for the ageing of the population in the UK?
Longer life expectancy and lower fertility rates
What impact will the ageing population have on organisational practices and pension policies?
A considerable impact
What is the trend in the ageing population in the UK?
A slow and steady increase
Which group of employees is most likely to retire fully once they reach State Pension age?
A good majority of people
What is the main reason for governments seeking to reduce welfare bills and help ease skills shortages while reducing the extent of overseas immigration?
To attract older workers back into economic activity
What is the trend in the average retirement age for women in the UK?
It has been continuously rising
Which type of pension scheme do most companies currently offer to their employees?
Defined contribution schemes
What is the main disadvantage of defined contribution schemes compared to final salary schemes?
They produce a lower level of pension
Why are younger colleagues not being as generously provided for in terms of pensions?
Employers cannot afford to fund their pensions
"Test Your Knowledge on Ageing Population and Retirement Policies in the UK" - Take this quiz to explore the impact of ageing population on retirement and employment practices in the UK. Test your understanding of pension policies and the changing demographics of the workforce. Brush up on the latest trends and challenges faced by organisations in managing an ageing workforce. Get ready to become an expert on retirement policies and their implications for the UK economy.
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