Join Prospect, The People's Pension, Stephen Timms MP, Chair of the Work & Pensions Committee, and Josephine Cumbo, pensions correspondent at the FT, for a discussion on how UK pensions freedoms can be made fit for purpose.
Presenting evidence from their new book "Towards a New Pensions Settlement: The International Experience" edited by Gregg McClymont, Andy Tarrant and Tim Gosling, the People's Pension asks how the rest of the world combines pensions freedom and retirement security.
With the vast majority of UK savers unwilling to pay for regulated financial advice, future millions of pensioners will need to invest their pension pots wisely, withdraw income sustainably, and predict their own life expectancy accurately.
Getting these decisions wrong will have life-altering consequences for individuals and families, whether:
1. Spending money too fast and running out
2. Spending money too slowly and living poor
What role should master trust pension funds play in the future of pensions freedoms?
Speakers will include:
Tom Clark, Editor, Prospect
Gregg McClymont, former Shadow Pensions Minister and now Director of Policy & External Affairs, B&CE—the provider of the People's Pension
Stephen Timms, Labour MP for East Ham and Chair of the Work & Pensions Select Committee
Josephine Cumbo, Pensions Correspondent, FT