Can Lenny Henry help the nation save? How will Britain’s decision to leave the EU affect the nation’s retirement prospects? And what’s next for auto-enrolment? We’re looking forward to contributing to the conversation at this week’s PLSA Conference, where all these subjects – and many more – will take centre stage.
Here at The People’s Pension, we like nothing better than thinking about new ways to improve what we do for our members and customers. That’s why we are excited about heading up to Liverpool next week. But with so many great sessions featured in the programme, which would you be a fool to miss? Here’s our pick.
- To save for retirement or not to save for retirement, that is the question. We, of course, are strong advocates of saving. But with people living longer and household budgets stretched, putting money aside for retirement can get pushed to the bottom of the list. The problem is made worse by some parts of the pensions industry using complicated financial jargon to communicate, losing savers’ interest in the process. Comedian, actor and later life blues musician (topping up his pension perhaps) Lenny Henry is on hand to help with some thoughts on how Shakespeare can help the pensions industry communicate more clearly. He’ll be in the main hall on Friday 21 at 12:10.
- Auto-enrolment (or AE to its friends) is four years old, and it’s now time for small employers to take the plunge. The vast majority of new pension savers will end up in a master trust, whether they know it or not, and they’re a fast growing sector of the market. But what is next for them? In a time of political change and associated regulatory uncertainty, how can they help set the agenda – especially when the Department for Work and Pensions reviews AE in 2017? Our CEO Patrick Heath-Lay will join representatives of other big master trusts to chew the fat on the issues of the day. He’ll be sharing his words of wisdom at 12:20 in the main hall on Thursday 20.
- A week is a long time in politics. Assuming that the Government doesn’t suffer any great turmoil over the next few days, the new pensions minister Richard Harrington MP will be joining the assembled multitudes to talk about the agenda for the May administration. Will it be a case of Stop! Hammond Time or will it be all systems go for the LISA? Tune in at 15:20 on Wednesday 19 to find out what’s top of Harrington’s to do list…
- It isn’t a PLSA Conference without a star turn from our Director of Policy and Market Engagement Darren Philp. This time he’ll be joined on stage by Rob Yuille from the ABI as they discuss how the industry can best bring the pensions dashboard to life. Catch them in the DC Stream on Thursday 20 at 15:00.
- Helping different generations to save. Young people entering the workforce today will work in more places, have more pension pots, and could follow a very different path to the generations before them. In a rapidly changing environment, how can employers make sure they treat employees fairly, whatever their generation? Our trustee (and Tesco group pensions director) Ruston Smith will be sharing his view in the FD Stream at 10:10 on Thursday 20.
So that’s our guide to the must sees in Liverpool. Hope to see you there!