Retirement is one of the biggest public policy challenges of this century. The global shift to defined contribution pensions reduces government and employer liabilities but can it deliver good outcomes for individuals carrying the investment risk?
Towards a new pensions settlement the international experience vols. I & II is a research project in which subject expert academics examine transitions to funded DC pensions in global comparative context.
Gregg McClymont & Leandros Kalisperas will discuss the emerging dos and don’ts of DC design based on evidence from across Europe, Asia, and the Americas in this webcast.
Dos include
· Mandatory or quasi mandatory enrolment
· Pension funds with scale
· Fiduciary governance
· Default investment pathways
Don’ts include
· Expecting individuals-to-act-as-engaged-consumers
· Ongoing or early access to savings
· Using pensions systems to achieve non pensions objectives
· Expecting DC savings to replace state pensions
A webcast for all those interested in understanding the international drivers for success in pension design in the 2020s and beyond.
Presented by:
Gregg McClymont, Head of Retirement, Aberdeen Standard Investments
Leandros Kalisperas, Global Head of Pensions Solutions, Aberdeen Standard Investments
Moderated by:
Liam Kennedy, Editor, Editor, Investment & Pensions Europe