This report provides a comprehensive analysis of the reforms to state and private pensions in the UK that were introduced in the early 2000s with the creation of the Pensions Commission, also known as the Turner Commission.

It explores both the policies and politics of the pension reform process, examining the wider political, institutional and historical context, and draws five key lessons about how, and under what conditions, the reforms were successfully implemented.

This report was supported by Nest Insight, a collaborative research unit set up by Nest Corporation to help understand and address the challenges facing Nest members and other defined contribution savers.

About the authors

Professor Nick Pearce is Professor of Public Policy and Director of the Institute for Policy Research (IPR) at the University of Bath.

Dr Thomais Massala is a Research Associate in the IPR at the University of Bath.