Plenary 5: Pensions adequacy: a ticking timebomb or ‘keep calm and carry on’?
Supporting savers to ensure they can retire in comfort with an adequate pension has been a long-standing priority for the IFoA and its members. Automatic enrolment (AE) has brought millions of people into pension saving, but are policymakers resting on their laurels and becoming complacent about its impact on savings levels? Do we need an injection of fresh ideas to build on the successes of AE to ensure savings rates keep up with expectations? Will the savers of today have enough for the retirement of tomorrow? Who is being left behind? What more can be done to support higher levels of saving and engagement with pensions? Hear from our panel of industry experts on how we can build a new consensus on pensions adequacy and ensure all can retire in dignity.
Speakers: Chris Curry, Director, Pensions Policy Institute and Principal of the Pensions Dashboard Programme; Hetty Hughes, Manager, Long Term Savings Policy, ABI; Heidi Karjalainen, Research Economist, Institute for Fiscal Studies; Leah Evans, Associate Partner and Head of Pensions Risk Transfer, EY Parthenon Pensions Team; Rt Hon Sir Stephen Timms MP, Chair – Work and Pensions Select Committee