mallowstreet Dinner: Retirement Income in a DC World

Following the recent DWP policy consultation, the need for solutions to help deliver decumulation benefits to Defined Contribution (“DC”) pension scheme members is getting increasing attention. We are also approaching a time when many individuals will reach retirement with accumulated pension savings solely in DC form.

 

Lack of member engagement points towards the need for a central or default retirement offering. Defaulting members into a guaranteed product is challenging, and Collective DC (“CDC”) solutions for decumulation are still emerging. The outcome is that many members are likely to remain invested in volatile markets in early retirement, to achieve their financial goals.

 

Over dinner, the team from Milliman will share the outcome of some recent research addressing the following important question:

 

“When individuals reach retirement with an accumulated pot of DC pension savings, how can we help them to manage their income and underlying investments to achieve a sustainable and stable pension income, balancing aspiration (what they would like) with financial reality (what they can get)?"

 

This event is FREE to attend for investment decision makers and their advisers, and is accredited for CPD points by the Pensions Management Institute (PMI).

Speakers

Program

  1. Guest Arrival and Welcome Drinks

  2. Seated for Dinner

  3. Dinner Service begins followed by Presentation and Discussion

    Over dinner, the team from Milliman will share the outcome of some recent research addressing the following important question:


    “When individuals reach retirement with an accumulated pot of DC pension savings, how can we help them to manage their income and underlying investments to achieve a sustainable and stable pension income, balancing aspiration (what they would like) with financial reality (what they can get)?"

    Speaker

    Russell Ward & Neil Dissanayake

  4. End