Pensions

UK and US pension policy expects consistently informed decision-making in finance. Deviating from this is often deemed “irrational”, ignoring uncontrollable factors in individuals’ lives.

Challenging existing policy approaches, this book proposes a fresh perspective on rationality when it comes to financial policy and practices.

This book conducts an in-depth investigation of one of the largest and longest-established insurance industries in Europe: British life insurance. The author draws on over 40 oral history interviews to trace how the sector is changed since the 1970s, a period characterised by rampant financialisation and neoliberalisation.

This assessment of the prospects for work and retirement at age 65-plus in the UK and US is essential reading for researchers, students and practitioners interested in the late careers and the future of retirement.