COMMONS

Pension providers and their representative organisations give evidence

01 December 2014

Work and Pensions Committee announces second evidence session for inquiry into auto-enrolment and pension reforms.

The Work and Pensions Select Committee announces the second of four oral evidence sessions for its inquiry into automatic enrolment and pension reforms.

Witnesses

Monday 1 December, Committee Room 16, Palace of Westminster

At 4.30pm

  • Otto Thoresen, Director General, Association of British Insurers
  • Jonathan Lipkin, Director of Public Policy, Investment Management Association 
  • Graham Vidler, Director of External Affairs, National Association of Pension Funds

At 5.30pm

  • Adrian Boulding, Pensions Strategy Director, Legal & General (and Chairman, Pension Quality Mark)
  • Tim Jones, Chief Executive Officer, NEST 
  • Morten Nillson, Chief Executive, NOW: Pensions
  • Patrick Heath-Lay, Chief Executive Officer, People’s Pension
  • Jamie Jenkins, Head of Pensions Strategy, Standard Life

Purpose of the session

This second evidence session in the inquiry is with pension providers and their representative organisations. The session is intended to explore:

  • Lessons learned from providers’ experience of auto-enrolment to date.
  • Challenges for providers from rolling out auto-enrolment to smaller employers and how these might be addressed.
  • Progress made by providers in ensuring scheme members are enrolled in appropriate, well-governed pension schemes, which offer good value for money and low charges.
  • The impact on providers, and on auto-enrolment, of the new pension flexibilities and the introduction of shared risk and collective schemes.
  • Adequacy of the guidance guarantee

Further sessions

The Committee plans to hold two further evidence sessions for this inquiry, provisionally scheduled as follows

  • Wednesday 17 December at 9.30am: Regulators
  • Monday 12 January at 4.30 pm: Minister for Pensions

All meetings will be held in meeting rooms at the House of Commons. Further details will be issued nearer the date of the session. Please continue to check the Committee website. 

Further information

Image: iStockphoto

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