With ongoing political uncertainty, the government is unlikely to be focusing on the UK’s long-term savings challenges any time soon. But big issues remain around the financing of an ageing society and encouraging individuals to save. Is it time for the industry to step up and propose a sustainable and stable long-term savings framework for the nation? Rather than enduring death by a thousand cuts to pension tax reliefs, can we come up with a proposal that reduces costs for the public purse but provides a simpler, more compelling deal for savers? Do we need another Turner Commission for long-term savings? Our expert panel debates the issues with forum members.
Matt Ward, Communications Director, AKG Financial Analytics (Chair)
Tom McPhail, Head of Pensions Research, Hargreaves Lansdown
Jamie Jenkins, Head of Pensions Strategy, Standard Life
Tony Langham, Chief Executive, Lansons
Rob Yuille, Assistant Director, Head of Retirement Policy, ABI