Pensions Roadshow

Wednesday 12 June 2019

We’d like to welcome you to our first Royal London pension roadshows of 2019!

We’re hosting these as a chance for you to have face to face contact with our experts who’ll be sharing their knowledge within the world of pensions and investments.

Our speakers will talk through key changes and developments in these areas, offering CPD certificates for each session. You'll also have the opportunity to ask some questions and discuss any challenges that you and your business are facing.

During registration you'll have the chance to enjoy some food and refreshments whilst chatting amongst peers and colleagues.

Here's a few words about our roadshows from our Head of Strategic Partnerships, David Ellis:

At Royal London we believe the best customer outcomes and experience will always be anchored in quality impartial advice. That’s why we choose to focus on developing solutions that will help you deliver the crucial services your client’s need. A key part of our approach is to engage with advisers face-to-face to talk through important matters of the day. This is the purpose of our pension roadshows. We very much look forward to see you at your local event.

Since pension freedoms were introduced, we’ve seen more people using income drawdown than ever before. The number of plans purchased has more than quadrupled since 2013.However, income drawdown is not without its risks. Research has shown that individuals have a tendency to underestimate their life expectancy and there’s a real danger that people could run out of money in retirement.2

This presentation will look at different ways to invest in retirement and how to manage client expectations when it comes to income sustainability.

Learning outcomes: 

  • Identifying risk factors and regulatory concerns associated with income drawdown
  • Understand how to invest to meet customer needs in drawdown 
  • Recognising the varying needs of clients in retirement and understanding the considerations involved in meeting those needs

1https://www.fca.org.uk/publication/data/data-bulletin-issue-14.pdf
https://fca.org.uk/publication/market-studies/ms14-03-2.pdf
2https://www.theactuary.com/news/2018/05/millions-of-brits-underestimating-life-expectancy-by-a-decade/

Euan Craig - Investment Proposition Manager, Royal London

Euan Craig is an Investment Proposition Manager in the Investment team at Royal London. He is responsible for the day-to-day management of the RLI investment proposition, as well as contributing to a number of committees across the Group, both investment and otherwise. After graduating from University in 2011 with a degree in Business Studies, Euan initially joined the Protection arm of Royal London before moving into the Investment team in 2014. Euan is also a holder of the Investment Management Certificate.

Throughout this presentation we investigate the pension issues Royal London’s technical team are regularly asked about. We include planning points at the end of each section to demonstrate measures advisers can use to alleviate some of the problems their clients may encounter. We’ll take a look at State Pension, and the impact of the introduction of the New State Pension in April 2016.

We also look at funding issues with regards to the State Pension, how these are impacted by increasing longevity as we explore the various remedies being proposed by the Cridland review and the Government Actuarial Department’s most recent Quinquennial Review. From here we consider the Tapered Annual Allowance (TAA), which will really start to impact more clients this tax year as we have now passed the 3rd anniversary of its introduction. 

Lastly we investigate the findings of the Retirement Outcome Review and consider what impact these findings could have on the advised market.

Learning outcomes:

  • Identify the key legislation changes relating to the State Pension
  • Consider the issues with the tapered annual allowance and the decision whether to stay or leave the scheme
  • Understand the main concerns raised by the Retirement Outcomes Review

Clare Moffat - Head of Business Development, Royal London

Clare qualified as a lawyer and Notary Public in September 2002 and is a member of the Law Society of Scotland. Post qualification Clare spent 5 years at Aegon Scottish Equitable in the legal department focussing on protection products before moving to Pinsent Masons LLP in November 2007. While at Pinsent Masons, Clare acted for many different pension providers there before moving to Prudential for over 6 years and ended up leading the pensions side of the external facing technical team which involved presenting, writing articles for the press and developing adviser facing content. Clare joined Royal London in May 2018.

Morning Session - Sutton Coldfield

Agenda
Breakfast rolls & refreshments from 09.00
Session 09.30-11.30

Ramada Birmingham Sutton Coldfield 
Penns Lane
Warmley
Sutton Coldfield
B76 1LH

Visit the venue website

Parking
Car parking is complimentary. Please register your car at reception. 

Lunch Session - Warwickshire

Agenda
Light lunch with tea & coffee from 13.00
Session 13.30-15.30

MacDonald Ansty Hall Hotel
Main Road
Ansty
Nr Coventry
Warwickshire
CV7 9HZ

Visit the venue website

Parking
Car parking is complimentary. Please register your car at reception. 

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.