Morning, Tuesday, 20th March 2018
Sixty One Whitehall, London SW1A 2ET
THIS EVENT IS CPD CERTIFIED
This seminar will focus on the future for automatic enrolment (AE) in workplace pensions.
Delegates will discuss the challenges for implementing key measures proposed by the Government’s recently published review of AE - including reducing the auto-enrolment age and removing the lower earnings limit - as well as the potential impact these changes will have on small businesses and opt-out rates.
They will also consider opportunities for enrolling the self-employed or those working in multiple jobs, in light of the commitment to test a series of ‘targeted interventions’ exploring how technology can be used to increase their pension saving.
With research indicating that savers paying into defined contribution schemes are under-saving by an average of £1400 a year, and Government’s report suggesting over 38% of working age individuals aren’t saving enough for their retirement, attendees will also assess the further action that might be taken to close this retirement-savings gap. Sessions will examine how regulators, employers and consumer groups can strengthen peoples’ awareness and engagement with their savings, as well as the options for increasing the minimum contribution rates or introducing a ‘auto-escalation’ model, and the potential implications of such steps for savers and employers.
This seminar will bring together policymakers and regulators with a range of representatives from across the industry - including pension providers, payroll administrators, accountants, financial advisors and consultants - alongside employers, unions, academics and reporting press.