As access to Defined Benefit schemes reduces, particularly within the private sector, a growing number of savers will soon rely on the pot they’ve accumulated through Defined Contribution (DC) provision to generate an income in retirement.
This sea change brings with it considerable challenges for a new generation of pension savers, who will need to make vital choices that affect their future financial wellbeing.
Ensuring DC provision can adequately support workers in retirement has been a key focus for schemes in recent years. And industry innovation and collaboration will be key to building at- and post-retirement solutions that better meet the needs of current and future generations of DC savers.
At our recent event, we considered some of the challenges facing the industry when it comes to plugging the retirement solutions gap. We also explored a variety of options that are already available, or being developed, to convert accumulated funds into a sustainable source of retirement income.
Hosted by
Jess Williams, Head of Corporate Investment Services, Phoenix Group
Jess heads up Corporate Investment Services (CIS), the investment only platform for institutional clients within Phoenix Group’s Workplace business. She works closely with trustee clients and their consultants to create and deliver bespoke investment solutions for schemes and their members.
Our Speakers
Tom Lovett, Chief Commercial Officer, FNZ Q-Hub
Tom joined the FNZ Group in 2013, initially through a venture he cofounded and later as Head of FNZ Q-Hub. During this time, Tom and the Q-Hub team have successfully developed FNZ’s individualised capital protection and smoothing range.
Mike Ambery, Retirement & Savings Director, Phoenix Group
Having joined Phoenix Group at the end of February 2024, Mike is Retirement and Savings Director across the Phoenix Group business. He is responsible for Thinking Forward the insights, debate and creating the platform for thought and direction across Standard Life.
Richard Parkin, Head of Retirement, BNY Mellon Investment Management
Richard works with intermediary clients on developing their approach to retirement planning and investment. He also acts as a spokesperson for the firm on investment-related retirement issues.