31 October 2012, London, 08:30 - 10:15

On 31st October, ILC-UK, supported by Prudential, are organising a private discussion on the role of the European Institutions in relation to retirement saving.

As a contribution to the debate, ILC-UK will publish a report on the day which will:

  • Review pensions reform throughout Europe, focusing on both the process of reform, the underlying causes, and the determinants of success,
  • Appraise the prospects for increasing retirement saving,
  • Establish the importance of increased saving rates, before considering evidence on the determinants of savings behaviour, and the potential impact of the financial crisis,
  • Look more closely at the EU’s activities in this policy area.

On 18th June 2012, the ILC-UK organised a private policy debate in Brussels, hosted by the European Economic and Social Committee, supported by Prudential, and chaired by Mervyn Kohler of the Age Platform Social Protection Expert Group. Our report includes a summary of the debate on 18th June.

The need to boost retirement provision across the EU arises from the impact of demographic and economic change on most European countries. Most EU Member States have already embarked upon pensions reforms designed to increase retirement saving by individuals.

The European Commission believes that a single pensions market across the continent can support this objective, but is also seeking to ensure the safety of private pensions saving (SEC(2010)830).Our discussions will consider the recent and proposed activities of the European institutions including the Commission’s White Paper (An Agenda for Adequate, Safe and Sustainable Pensions).

If you would like more information about the event, please contact