Is it worth investing in a pension (UK context) Dissertation

Is it worthy investment bills in a support (UK context) - Dissertation Example(Nader, 1991). As such, the overall importance of investing into awards is critical from the point of view of maintaining a certain train of livelihood style. It alike ensures that the individuals have the enough funds apart from the allege related benefits to maintain a very decent life style. (Lluberas, 2007). This is also evident from the fact that the overall pension funding gap is increasing rapidly every form and individuals require up to ?10,000 every year to fill that pension gap and the overall gap will be over ?300 billion per year.1 Trends also suggest that as the population ages, the overall proportion of wad working to support the State Pension will decrease from 3.32 in 2001 to 2.44 in 2060. This autumn in the overall phone number suggests that more and more people will be on the State Pension and as such the overall benefits whitethorn continue to scorn due to the increasing m ash on the government to pay off State Pension to such large number of people every year. (Bonoli & Shinkawa, 2005) It is however, important to note that the different studies have suggested that the pension funds in which individuals invest for their pensions may not be performing well. Though most of the pension funds in UK achieved positive returns in 2010 however, considering the long term nature of such investments, it may be relatively arbitrary to conclude that the pension funds roll in the hay provide sufficient and desired returns to ensure that the investors (individuals) will have sufficient pensions to spicy a comfortable retirement life. (Blake,2000) The choice of this topic has been mostly based on the assumptions that as the number of people grow and rely more on the State Pension, their overall standards of living may decline sharply when they are in the retirement age. Such sharp decline in the standards of living so requires that the people must consider investi ng into the Pensions from the days when they are earning higher amounts every year. (Cohen, 1981). A tardy contribution of the certain sum of money every year can help individuals to become more self sufficient in their retirement age. However, given the fact that the overall performance of the pension funds has not been up to the mark in recent times, a natural question arises as to whether it is intellectual to invest into pension funds? Could they provide the desired returns to the individuals when they are in retirement so that they can live a more comfortable life? Considering the above situation, the logical question also arises as to whether it is good to invest into pension funds? Can pension funds provide the desired level of returns over the period of time to ensure that they meet the objectives of the pension holders? The basic aim of this paper thence is to explore and analyze the question of whether it is good to invest in pensions with special reference to UK market . This research communicate will also attempt to explore the question of whether the tax saving benefits can help the pension industry, are there any factors which provide the incentive to save for the pensions considering the factors such as job mobility, with the stretching of the pension age by the government, what effect this could have on the overall planning for the retirement life of the