LSE to Study European Pensions, Savings

May 3, 2002 (PLANSPONSOR.com) - Researchers at the prestigious London School of Economics (LSE) will kick off a five-year research project into the state of savings rates and pension programs across Europe.

UBS Global Asset Management is funding the effort.

According to a report on the IPE newswire, the project will examine the problems of an aging population and effective retirement schemes – considering the impact of government money, employer involvement, and the worker’s own savings.

In particular, LSE and UBS say the study will focus on three pension themes:

  • pension fund management including the differences in structure and challenges facing both defined benefit and defined contribution plans as well as performance and risk measurement,
  • household savings trends including the different forms of savings programs across Europe, and
  • public and legal pension policies

LSE said the UBS-funded project would allow it to help build existing research into pension finance schemes and retirement policy for both the public and private sectors.

LSE professors Tim Besley and David Webb will head the research team, which is scheduled to begin work May 15.

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