Picture of two heads

Open Access research that challenges the mind...

The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including those from the School of Psychological Sciences & Health - but also papers by researchers based within the Faculties of Science, Engineering, Humanities & Social Sciences, and from the Strathclyde Business School.

Discover more...

Pyrrhic victory?: the unintended consequence of the Pensions Act 2004

Byrne, Alistair and Harrison, Debbie and Rhodes, Bill and Blake, David (2006) Pyrrhic victory?: the unintended consequence of the Pensions Act 2004. Economic Affairs, 26 (2). pp. 9-16. ISSN 0265-0665

Full text not available in this repository. (Request a copy from the Strathclyde author)


The UK's 2004 Pensions Act is a far-reaching piece of legislation, with significant implications for the occupational pensions marketplace. The Act is intended to improve the governance of pension schemes and increase the security of the members' accrued benefits. However, our research suggests that it will have serious and adverse unintended consequences. The most significant of these will be to undermine occupational pension provision by placing an increased burden on sponsoring employers, whose involvement in pension provision is on a voluntary basis.