Retirement planning and retirement resources among ethnic minority groups in the UK

With an increasingly diverse, ageing population in Britain, this research seeks to investigate the complexities of retirement behaviour and pensions in relation to ethnicity.
The main aims will include:

examining the extent and nature of private pension saving among ethnic minorities;
identifying differences in post-retirement incomes of various ethnic minority groups;
analysing the disparity in terms of the labour market and demographic variables.
It will also explore the attitudes and the key strategies used by ethnic minority groups in relation to retirement, and their attitudes to saving. Methodologically, the research project will incorporate a mixed methods approach - major existing datasets such as the Family Resources Survey, English Longitudinal Study of Ageing and Quarterly Labour Force Survey will identify differences in post-retirement incomes between ethnic minority groups.
In addition focus groups and interviews will be conducted with individuals from ethnic minority groupings including Indians, Pakistanis, Bangladeshis, Black Africans, Black Caribbeans and a white British control group. By investigating the current attitudes to, and patterns of saving among the ethnic minority working groups and pensioners the research will comment on the adequacy of current pension policy in addressing the needs of this particular sector of society.