Britain's Pensions Crisis

British pensions are in crisis. Yet in all the discussion of what exactly the crisis consists of, and how it might be addressed, attention to the history of how the crisis has come about is surprisingly lacking. History has much to tell us about how pensions have developed in Britain, how that development has shaped the crisis that we now face, and how decisions taken in the past constrain our options for the future. In this book, leading experts on the past and present of pensions in Britain debate the present crisis, and the lessons of history for those seeking to craft solutions to it that are both effective and enduring. The volume also contains a number of chapters that draw important lessons from the experience of European and North American countries over the past few decades. The book contains reactions to the second report of the Pensions Commission and the government's response to it.