Government to encourage higher pension contributions

The new Conservative government will encourage employers and employees to increase their pension contributions with incentives, according to Chris Curry, director at the Pensions Policy Institute (PPI), who will be speaking at the Employee Benefits Wired Post-Election Pensions Update.

Chris Curry

Curry also believes that the government is likely to give a lot more thought to auto-enrolment and using pensions as a form of tax-relief.

The Post-Election Special: Pensions Update, in association with Wealth at Work, will be streamed live as part of Employee Benefits Wired on Monday 15 June at 11am. Industry experts will take part in the interactive panel discussion and Q&A, which will focus on possible pension policy changes under the new government. 

The discussion will also cover the new pension freedoms and choices around defined contribution (DC) pensions, and how people feel about the freedoms.

Curry said: “I think people feel quite positive about the freedoms but need to have more understanding of them.”

The Post-Election Pensions Update will cover everything employers need to know about the impact of the election and the new government’s policies on benefits.

More information on the panel debate can be found here.

Viewers can submit questions for the panel to answer during the debate by tweeting #EBWired.