Part of the ILC-UK ‘Understand Ageing’ Workshop Series
Thursday 23rd April 2015; ILC-UK, 11 Tufton Street, Westminster, London, SW1P 3QB; 13:30 (for 14:00 start) – 17:00. Lunch will be available from 13:30.
The new pension freedoms which come into force in April 2015 will transform the “at retirement” market. At the same time, a challenging economic environment poses a threat to UK savings rates and retirement incomes over the long term.
This half day workshop will focus on helping you see the wood from the trees in the context of constant policy change and a challenging global economic environment.
The workshop will be presented by ILC-UK Senior Research Fellow, Ben Franklin, formerly of HM Treasury, the Financial Conduct Authority and the Chartered Insurance Institute.
Part of this workshop will explore the impact of the macro-economic context on retirement incomes including:
- What might our economic future look like and what are its implications for savers and investors?
- The impact of exceptional monetary policy conditions on consumer outcomes;
- How can auto-enrolment and other policy levers aimed at inducing or “nudging” increased savings be able to compete with this broader macroeconomic picture?
The second part of the workshop will explore how individuals might respond to the new pension freedoms and the implications for consumers, products and services.
- How are people likely to respond to the new environment?
- What are consumer preferences for taking a retirement income?
- What barriers to consumers face to making good decisions?
- What do different “at retirement” choices mean for income in retirement?
- Which consumer groups stand to lose the most by making bad decisions and what the implications for how they will fund retirement?
- What are the early indications of how consumers are responding to the pension freedoms?
Discussion time will provide an opportunity for you to discuss and consider the impact of these changes on your organisation.
Who should attend?
Individuals or organisations:
- Who want to consider the business opportunities and challenges emerging from the new policy environment
- Producing products for the “retirement” marketplace
- Interested in the future of retirement incomes
- Interested in understanding the impact of the new pension freedoms
- Interested in exploring how new policy may interact with the macro-economic environment
The workshop will take place on Thursday 23rd April 2015, 13:30 – 14:00, with lunch available from 13:30.
Attendance at workshop:
£200+VAT (not for profit)
There is a £100 non-refundable charge on all bookings.
Cancellations within 7 days of the course will be charged 50% of the full cost
Cancellations within 1 day of the course are non-refundable
ILC-UK organise bespoke workshops for organisations and companies, specifically designed to your interests. For example, we will run future sessions on specific aspects of ageing (e.g. dementia; older workers; economics of ageing). ILC-UK also runs workshops and presents to Corporate and Charity Board’s on the opportunities and challenges of ageing. Please contact David Sinclair for more information.