The fourth pillar and the UK: flexibility, risk and the deinstitutionalization of the life course

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    Abstract

    This paper critically examines the concept of flexibility within the context of demographic ageing and the fourth pillar approach. Using the UK as an example, it addresses some of the key strands of policy debate and highlights the importance of the concept of choice. By placing the discussion in the context of the theoretical debate surrounding risk and the deinstitutionalization of the life course, it suggests that policy solutions related to demographic ageing which address the concept of flexibility need to look beyond later years to address the whole of the life course.
    Original languageEnglish
    Pages (from-to)638-655
    Number of pages18
    JournalGeneva Papers on Risk and Insurance: Issues and Practice
    Volume30
    Issue number4
    DOIs
    Publication statusPublished - Oct 2005

    Keywords

    • fourth pillar
    • retirement
    • deinstitutionalization
    • risk

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