Future-proofing the pension freedoms: what next?

This event will now be delivered as a live webinar. Bookings close 17:00 Tuesday 17 November 2020.

The past five years have seen major changes to the long-term savings market, not least with the introduction of the pension freedoms which opened up a range of new opportunities for customers. With vast changes in trends in retirement income, a clearer path for pensions dashboards and far greater focus on supporting vulnerable customers, the pensions landscape is substantially different from five years ago.  

Despite some successes, many areas need attention with questions still outstanding:

• What can be done about the advice gap?
• How can social care be reformed?
• How might auto enrolment contributions rates change?

It will be decades before we can measure the success of the introduction of the pension freedoms, but there are many actions industry and policy makers can take in the next five years to positively change the dial for consumers. The impacts of COVID-19 were felt far and wide across society and changed the way we operate as an industry. This event provides the opportunity to discuss how COVID-19 is impacting peoples’ retirement income decisions as we anticipate the roll-out of investment pathways, an equivalent for occupational schemes, and closer scrutiny of the advice market and its rules. These developments must fit into a context of strategic issues such as climate change, pressures on the welfare state and tax reform.

This event will consider what more can be done to future-proof the freedoms and prevent risks to consumers now and in the future. Join us as we discuss topics such as the role of advice and guidance, supporting those in later-life, understanding withdrawal rates and investment pathway implementation.