Former chief executive of the National Employment Savings Trust has been named on the New Year Honours list for 2016.
Tim Jones has been made a commander of the order of the British Empire (CBE) for his services to the pensions industry and pension provision.
Commenting on the news, current chief executive Helen Dean said: “This is a fantastic testament to all that Tim Jones achieved as CEO of Nest. We’d like to offer our hearty congratulations to Tim on being awarded a CBE, it’s very well deserved.
“Under Tim Jones’ leadership we created a fantastic pension scheme that will benefit millions of people for generations to come.”
Otto Thoresen, chairman of Nest, added: “Tim’s personal contribution to getting Nest up and running was huge. This is deserved recognition of a job well done.”
Clive Cowdery, philanthropist and founder of the Resolution Foundation, has won a knighthood for his services to children and social mobility.
The Resolution Foundation set up the Financial Health Forum in 2008.
Linda Homer, the chief executive of HM Revenue & Customs has been made a dame for her services to public finance.
Robert Devereux, permanent secretary for the department for work and pensions has been made a knight commander of the order of the Bath (KBE) for his services to transport and welfare, and for his voluntary service in London.
Graham John Beale, chief executive of Nationwide Building Society, has been awarded a CBE for his service to the financial services sector.
Financial services experts, Gay Huey Evans and David Barlow Buik, were granted CBEs for their services to financial services.
Others awarded CBEs included the director for the personal tax operations at HMRC Dorothy Marie for her services to taxpayers, and external member for the Prudential Regulation Authority Charles Randell for his services to financial stability and climate change policy.