Professional Pensions Breakfast Briefing, in partnership with NEST Corporation
Auto-enrolment (AE) has been a huge policy success and there are now over 10 million more people saving into a workplace pension as a result.
Contributions are going up too. AE minimum contribution rates rose to 5% in April this year with little impact on opt-outs and will increase further to 8% in April 2019.
Yet, while AE has been a huge success there is now a huge challenge facing DC schemes - to engage members with their savings, to help them consider the adequacy of their contributions and to ensure members are receiving the best possible value for money and are getting good outcomes.
This breakfast briefing - designed specifically for Corporate IFAs and Employee Benefit Consultants - will look at how best to engage members of DC schemes and assess how to ensure value for money.
The breakfast briefing will also look at how the younger ‘millennial' generation are saving - questioning whether they need to be engaged in a different way - and ask what the pensions industry can learn from other industries on how to engage customers and members.
It will also look at the role DC investment has to play in engagement and value for money and look at the role ESG has in a DC portfolio.