Inventing Retirement: The Development of Occupational Pensions in Britain

Pension funds now account for a large portion of old-age incomes, of capital ownership, and of employee fringe benefits. A hundred years ago they hardly existed. This book, first published in 1986 by one of Britain's leading business historians, examines the interplay of business, political and social forces in this profound transformation, showing why old-age saving became rooted in the employment contract. The analysis is based on historical materials on pension funds, most of which have ...