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Adair Turner lecture at LSE: pensions reform

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Tuesday 8 March, 6.30pm
Hong Kong Theatre, Clement House

Debates on pensions often focus on technical details. But the overall design of a pension system reflects a political and philosophical choice as to the appropriate respective roles of government and individuals.

This is the topic Adair Turner, chairman of the Pensions Commission, will address in a lecture at the London School of Economics and Political Science (LSE) on Tuesday 8 March.

Adair Turner will also look at the macro-economic consequences of pension system design - the differences but also similarities between funded and pay-as-you-go systems - which need to be clearly understood. The lecture will explore these overall issues, referring to proposals for pension reform in the US and continental Europe as well as in the UK.

Pensions: political choices and macro-economic consequences is on Tuesday 8 March at 6.30pm in the Hong Kong Theatre, Clement House, LSE, Aldwych, London. The event is invitation only and registration is required


Registration is required to attend this event. To apply for a press seat, please contact Olivia Hague, Financial Markets Group, on 020 7955 6301, email: O.Hague@lse.ac.uk| 


This event is part of a series of lectures organized by LSE's Financial Markets Group to mark the recent publication of the first report of the Pensions Commission. This lecture is supported by the UBS Pensions Research Programme at LSE.

For more information on the Financial Markets Group, see http://fmg.lse.ac.uk/| 

Press cuttings

Financial Times
Gilt weighs heavily on government minds (11 March 05)
With pensions funds are increasingly seeking the security of the fixed interest provided by long-term government bonds, but yields are on a downward spiral. In a lesson at LSE this week, the president of the Pensions Commission Adair Turner said that the share of bonds in UK pensions funds had risen from 15 per cent in 1996 to 24 per cent in 2004.

Financial Times
Pensions chief hints at earnings-related route (10 March 05)
Adair Turner expressed his support an earnings-related state pensions scheme in a lesson at LSE this week, during which he said that people tend to save too little unless the government takes an acting role in forcing them to save. Also mentioned in IPE.

Investments and Pensions Europe
UK's Turner explores housing-pensions link (10 March 05)

28 February 2005