[5][6] At the same time, Torsten Bell, a former senior advisor to Ed Miliband, was appointed as the organisation's director to lead what the Foundation described as "an expanded programme of work".

[3][7] By November 2019, Willetts had become president of the Foundation's Advisory Council and Intergenerational Centre, while Bell had advanced to the role of chief executive.

[9] The Foundation has hosted a number of major reviews, and the commission on Living Standards, chaired by Clive Cowdery, ran from 2011 to 2012.

[13] This was succeeded by the 'Intergenerational Centre', which was established "as a home for analysis and policy thinking on living standards through a generational lens".

[16] In March 2023, the Foundation shared research exclusively with BBC Panorama, which claimed that stalling wage growth since the 2008 financial crisis has left British workers £11,000 worse off a year.