Pensions Commission 3185109 224563231 2008-07-09T12:49:22Z Annexed 6090098 Added summary of the reports published, new headings and references The '''Pensions Commission''' was a [[non-departmental public body]] in the [[United Kingdom]], reporting to the [[Secretary of State for Work and Pensions]], set up to keep under review the regime for UK [[pension|private pension]]s and long-term [[savings]]. The commission was announced in the [http://www.dwp.gov.uk/consultations/consult/2002/pensions/index.asp Pensions Green Paper] published in [[December 2002]]. It consisted of three [[Commissioner]]s and a small secretariat. The chair was [[Adair Turner, Baron Turner of Ecchinswell|Adair Turner]]. The Commission has now reported and been wound up. ===Remit=== The Commission was responsible for looking at how the pension system was developing over time and for making recommendations on whether the pension system should move beyond the current voluntary approach. ===Report=== The Commission published its First Report on 12 October 2004, setting out a detailed and comprehensive analysis of the UK pensions system. Their Second Report, published on 30 November 2005, presented its conclusions on the likely evolution of the UK pension system if policy remained unchanged, and the Commission’s recommendations for a new policy direction. A final statement was published on 4 April 2006, detailing its response to specific issues which had arisen in the debate on pension reform since publication of the Second Report.<ref>[http://www.webarchive.org.uk/pan/16806/20070802/www.pensionscommission.org.uk/index.html Pensions Commission - History]</ref> The Commission's reports are often collectively referred to as the '''Turner Report'''.<ref>[http://www.dwp.gov.uk/mediacentre/pressreleases/2005/nov/pens035-301105.asp DWP - Turner report is important milestone towards reform - Hutton]</ref><ref>[http://www.guardian.co.uk/money/turnerreport The Guardian - Turner report on pensions]</ref> ==References== {{Reflist}} ==External links== *[http://www.pensionscommission.org.uk/ Website of the Pensions Commission] [[Category:Pensions in the United Kingdom]] [[Category:Defunct public bodies of the United Kingdom]] {{UK-gov-stub}}