Can policy keep up with the reality of retirement?
A nation wide aversion to saving, complex regulation, and increased longevity have all lead to the recent radical reform of the British pensions system.
However, challenges remain. The ongoing shift from DB to DC schemes affects savers, employers and the economy, whilst greater life expectancy is putting significant pressure on pension liabilities. Not only this, but financial needs are changing and current options for retirement income may no longer be adequate for today's, or tomorrow's pensioners.
Pensions Policy for the Future represented a superb opportunity for those working in the pensions industry to lead the debate informing the future direction of pensions legislation.
