At our Retirement Income Summit on 13 June 2024, kindly hosted by M&G plc and supported by Canada Life - a stellar line up of contributors and an extremely informed audience, debated these issues. You can watch the whole event here or pick and chose the sessions according to the timings below.
What do we need to do to ensure everyone has a decent income in retirement?
Increase the state pension age sooner rather than later?
Let AI deliver advice?
Support a “living pension”?
Replace the state pension with a Universal Basic Income?
Auto-enrol gig economy workers into long term savings?
So, what are the right answers? While not always easy, it’s imperative for Government and industry to address such critical retirement planning and income challenges faced by our society and have that all important public debate about the necessary trade-offs.
Video timings:
00:00:11 - Will Sherlock, Head of External Relations, M&G plc - welcome address
00:04:46 - David Sinclair, Chief Executive, International Longevity Centre UK - welcome address
00:18:23 - Session 1 - The State Pension Debate
56:55 - Session 2 - Keynote: An Interview with Rt Hon Sir Stephen Timms
01:32:00 - Session 3 - Retirement income and intergeneration fairness
02:11:42 - Session 4 - How can we boost work and private savings for retirement?
02:56:27 - Session 5 - How can we better use our wealth to support a decent retirement income?
03:40:00 - Session 6 - What should be the priorities for the next government?
04:16:00 - Anusha Mittal, Managing Director, Individual Life and Pensions, M&G plc - closing thoughts