This event has now taken place. You can scroll to the bottom of this page to download the slides used and pictures taken.
Many thanks to Pension Insurance Corporation for hosting this important Symposium and to SBC Systems for sponsoring it.
"THE EVOLVING AUTOMATIC ENROLMENT LANDSCAPE"
If you haven't been to a Transparency Symposium before use the link below to read testimonials:
When and where is the symposium?
About this Symposium
This Transparency Symposium is a thought leadership event wholly dedicated to the fast-evolving automatic enrolment landscape.
The event will feature an important update from The Pensions Regulator on AE, covering a range of topics including the 2017 Review.
There will also be facilitated discussions and debates on issues that often divide opinion so you can expect a highly engaging and probably quite lively symposium.
Overall, it’s clear that we’re at a pivotal moment for AE with the last employers to stage having had their AE duties start on 1st February; so the big question now is “what next?”
There are many important questions that need answering:
- Could the upcoming contribution increases spark a sharp increase in opt-outs or is the success of AE completely assured?
- The “elephant in the room” is that the success of AE thus far has been achieved through inertia rather than “winning hearts and minds” so is the government and industry’s communications good enough now to “sell the benefits” of being a “Remainer?” to could-be “Leavers?”
- The worst case scenario is that contribution increases will lead to mass opt outs and resultant profitability falls for pension providers – could that destabilise parts of the market?
- Have all employers staged correctly or might a lid soon be taken off a “can of worms” of errors?
- If so, will there be demonstrable material detriment to some employees and how well would the industry cope with that? What might the litigation risks be? …and who would be “in the dock”?
- Some employers/payroll bureaux are known to be processing tax relief for pension contributions incorrectly and will have to unwind these mistakes – how will they do that? What happens if they cannot afford to do so?
- What should the industry learn from the challenges faced by NOW: Pensions?
- Are any MasterTrusts at risk?
- What has driven the recent developments around Standard Life’s “Good to Go” AE proposition?
- How might Fintech based on BlockChain, Artificial Intelligence and Application Programme Interfaces overhaul the operational management of AE moving forward?
- How human-free could the pensions and payroll market become over say the next 5 years and what will that mean to the jobs market in this space?
- What will the 2017 Review change; particularly as it relates to coverage, engagement and contribution levels?
- How will the significant recent gains for greater transparency on costs and charges impact competition in the market and value for money for the pension saver? But what will it do to profit margins of asset managers and pension providers?
- How might the unique role of NEST evolve moving forward? - both in the accumulation and potentially in the decumulation phase? Are there any market competition issues that warrant attention?
The Pensions Regulator will be represented at the symposium by Bex Woodley, Industry Liaison Manger, who will be covering:
Furthermore, there will also be facilitated discussions and debates dealing with the subjects outlined above and more; catering for the very different perspectives of:
The Transparency Task Force is pleased to organize this Symposium as it creates a great opportunity to shine a bright light on all the important issues whilst providing a useful forum for market participants, thought leaders, stakeholders and The Pensions Regulator to discuss and debate the key questions in a constructive and collegiate way.
This is a great chance to share your thoughts with The Pensions Regulator and all other attendees as there will be ample scope for facilitated open discussion and debate - the symposium will be 'an interactive event for the few rather than a passive event for many'.
What's the Programme?
12:00 Registration, lunch and and networking
13:00 Welcome and introductions
13:15 Presentation by Bex Woodley, Industry Liaison Manager, The Pensions Regulator; with Q&A
14:00 Discussion and debate on the hot topics
14:50 Presentation of the Transparency Trophy
15:00 Refreshments and networking
15:30 Discussion and debate continued
16:50 Key conclusions, wrap-up and close to the formal proceedings
17:00 Drinks, nibbles and networking
18:30 Final close
Please note that there is limited availability and all places must be booked in advance - use the link below.
It is a pay-to-attend event: £490 buys a place for one attendee including logo sponsorship; but if logo sponsorship isn’t wanted the price for one attendee is just £245.
Furthermore, if the pricing is genuinely a barrier, let us know and we'll look to discount as necessary - one way or another if the topic is of genuine interest we're keen that you can attend and participate, so if you genuinely need to discuss pricing - get in touch through:
firstname.lastname@example.org or 07501 460308
Payment can be made through credit card or invoice.
Click on the icon below to download the slides:
Click below to view the pictures from the event: