Pension confusion, uncertainty and trust in Scotland: an empirical analysis
In the context of the new auto-enrolment requirements for employers to make pension provision for their employees, and the importance of trust in pension provision, this article utilises data from the Scottish Social Attitudes Survey which in its 2005 wave asked correspondents specific questions reg...
| Main Authors: | , , , |
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| Format: | Article |
| Published: |
Cambridge University Press
2014
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| Online Access: | https://eprints.nottingham.ac.uk/49767/ |
| _version_ | 1848798073605586944 |
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| author | Webb, Rob Watson, Duncan Ring, Patrick Bryce, Cormac |
| author_facet | Webb, Rob Watson, Duncan Ring, Patrick Bryce, Cormac |
| author_sort | Webb, Rob |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | In the context of the new auto-enrolment requirements for employers to make pension provision for their employees, and the importance of trust in pension provision, this article utilises data from the Scottish Social Attitudes Survey which in its 2005 wave asked correspondents specific questions regarding pension provision. We integrate two different empirical approaches in order to achieve a more robust understanding of pension confusion in Scotland. We find that pension confusion is dominated by pension uncertainty and myopia but may be reduced by working in the financial services sector. We consider the implications of these findings for the relationship of trust between employers and their employees, as well as for government pension policy more generally. |
| first_indexed | 2025-11-14T20:13:58Z |
| format | Article |
| id | nottingham-49767 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T20:13:58Z |
| publishDate | 2014 |
| publisher | Cambridge University Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-497672020-05-04T16:48:52Z https://eprints.nottingham.ac.uk/49767/ Pension confusion, uncertainty and trust in Scotland: an empirical analysis Webb, Rob Watson, Duncan Ring, Patrick Bryce, Cormac In the context of the new auto-enrolment requirements for employers to make pension provision for their employees, and the importance of trust in pension provision, this article utilises data from the Scottish Social Attitudes Survey which in its 2005 wave asked correspondents specific questions regarding pension provision. We integrate two different empirical approaches in order to achieve a more robust understanding of pension confusion in Scotland. We find that pension confusion is dominated by pension uncertainty and myopia but may be reduced by working in the financial services sector. We consider the implications of these findings for the relationship of trust between employers and their employees, as well as for government pension policy more generally. Cambridge University Press 2014-07-01 Article PeerReviewed Webb, Rob, Watson, Duncan, Ring, Patrick and Bryce, Cormac (2014) Pension confusion, uncertainty and trust in Scotland: an empirical analysis. Journal of Social Policy, 43 (3). pp. 595-613. ISSN 0047-2794 https://www.cambridge.org/core/journals/journal-of-social-policy/article/pension-confusion-uncertainty-and-trust-in-scotland-an-empirical-analysis/E1D782D91C6D4F59727F5735ACF4D051 doi:10.1017/S0047279414000051 doi:10.1017/S0047279414000051 |
| spellingShingle | Webb, Rob Watson, Duncan Ring, Patrick Bryce, Cormac Pension confusion, uncertainty and trust in Scotland: an empirical analysis |
| title | Pension confusion, uncertainty and trust in Scotland: an empirical analysis |
| title_full | Pension confusion, uncertainty and trust in Scotland: an empirical analysis |
| title_fullStr | Pension confusion, uncertainty and trust in Scotland: an empirical analysis |
| title_full_unstemmed | Pension confusion, uncertainty and trust in Scotland: an empirical analysis |
| title_short | Pension confusion, uncertainty and trust in Scotland: an empirical analysis |
| title_sort | pension confusion, uncertainty and trust in scotland: an empirical analysis |
| url | https://eprints.nottingham.ac.uk/49767/ https://eprints.nottingham.ac.uk/49767/ https://eprints.nottingham.ac.uk/49767/ |