The Institute for Public Policy Research (ippr) is the UK’s leading progressive think tank, producingcutting-edge research and innovative policy ideas for a just, democratic and sustainable world.Since 1988, we have been at the forefront of progressive debate and policymaking in the UK.Through our independent research and analysis we dene new agendas for change and providepractical solutions to challenges across the full range of public policy issues.With ofces in both London and Newcastle, we ensure our outlook is as broad-based as possible,while our international work extends our partnerships and inuence beyond the UK,giving us a truly world-class reputation for high-quality research.
ippr, 4th Floor, 13–14 Buckingham Street, London WC2N 6DF
+44 (0)20 7470 6100 • firstname.lastname@example.org • www.ippr.org
Registered charity no. 800065This paper was rst published in April 2011. © 2011
The contents and opinions expressed in this paper are those of the authors only.
About ipprAbout the author
is Senior Economist and Associate Director for Economic Policy at ippr.
The author wishes to thank:Friends Provident Foundation for funding this workAndrew Thompson at Friends Provident Foundation, Jackie Wells, David White, and colleaguesat ippr, particularly Dalia Ben-Galim and Laura Bradley, for comments on an earlier draftMyriam Cherti and Laura Bradley for organising and conducting the deliberative workshopsParticipants in the workshops and expert roundtable for giving up their time, and nancialservice providers for agreeing to be interviewed as part of the project.