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Research interests

Ian Tonks is a Professor of Finance in the School of Accounting and Finance at the University of Bristol. His research focuses on pension economics; annuities; fund management; directors’ trading; and market microstructure. He has published in leading finance, economics, accounting and management journals. He has previously held permanent positions at universities of Bath, Exeter, Bristol and the London School of Economics; and has held visiting positions at: Bank of England (Senior Houblon-Norman Fellow); Financial Services Authority (ESRC Business Fellowship). He is a Fellow of the Academy of the Social Sciences; member of the ESRC’s Grant Advisory Panel 2012-2018; panel member for UKRI's Future Leaders Fellowship Scheme 2019-21; member of sub-panel 19 Business & Management for REF2014; chair of Business & Economics panel for Hong Kong's RAE2020; and deputy-chair of sub-panel 17 Business & Management for REF2021. He has acted as an expert witness in a legal case on financial regulation, and has provided advice to a number of commercial and regulatory organisations including London Stock Exchange, Competition Commission, Financial Services Authority, and Financial Conducts Authority; and has advised HM Treasury, Bank of England, Department of Work and Pensions, and House of Commons Work & Pensions Select Committee on issues in pensions.


  • Pensions
  • Annuities
  • Fund management
  • Directors' trading
  • Market microstructure


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