'An age old problem? Exploring Britain’s new wealth divides'

The accumulation and distribution of wealth across Britain has been a contentious issue since the dawn of economics. But while wealth inequality is traditionally viewed as being between rich and poor, a new divide is also emerging – the wealth gap between generations.

The failure of younger generations to accumulate wealth – through pensions, property and savings – will reduce their lifetime living standards, particularly once they reach retirement. This would have profound implications for both families and the state, so what can be done?

As part of its Intergenerational Commission, chaired by Lord Willetts, the Resolution Foundation will soon be publishing a series of papers analysing Britain’s wealth across generations. Ahead of this launch, the Oxford Martin School is hosting an event to explore these issues and the role of public policy in tackling Britain’s new wealth divides.

Experts from the Foundation will present some of the emerging findings from its work on intergenerational wealth inequality, while Professors John Muellbauer and Brian Nolan will discuss possible policy responses, before taking part in an audience Q&A.