ICAS ICAS logo

Quicklinks

  1. About Us

    Find out about who we are and what we do here at ICAS.

  2. Find a CA

    Search our directory of individual CAs and Member organisations by name, location and professional criteria.

  3. Careers

    Access current vacancies and understand what it’s like to work here at ICAS.

  4. Contact Us

    Get in touch with ICAS by phone, email or post, with dedicated contacts for Members, Students and firms.

Login
  • Annual renewal
  • About us
  • Find a CA
  • Careers
  • Contact us
  • Become a CA
  • CA jobs
  • SCABA
  • ICAS Foundation
  1. Members
    1. Become a member
    2. Manage my membership
    3. Benefits of membership
    4. Professional development
    5. Mentoring
    6. Member rewards
    7. CA jobs
    8. Area networks
    9. International communities
    10. Get involved
    11. CA Connect
    12. CA magazine
    13. Top Young CAs
    14. Career breaks
    15. The ICAS member app
    16. Newly admitted members 2021
    17. CA Wellbeing
  2. Become a CA
    1. How to become a CA
    2. Routes to becoming a CA
    3. CA Stories
    4. Find a training agreement
    5. Why become a CA
    6. Qualification information
  3. CA Students
    1. Studying with ICAS
    2. Timetables and exams
    3. Learning requirements
    4. Learning updates
    5. Learning blog
    6. Totum Pro | Student discount card
  4. Employers
    1. Become an Authorised Training Office (ATO)
    2. Resources for Authorised Training Offices (ATO)
    3. Professional entry
    4. Apprenticeships
  5. Thought leadership
    1. Technology
    2. Trust
    3. Talent
    4. Research
    5. CA Agenda podcast
    6. CA Agenda videos
    7. ICAS webinars
    8. CA Summit
  6. Professional resources
    1. Anti-money laundering
    2. Audit and assurance
    3. Brexit
    4. Charities
    5. Coronavirus
    6. Corporate and financial reporting
    7. Business and governance
    8. Ethics
    9. Insolvency
    10. Pensions
    11. Practice
    12. Public sector
    13. Sustainability
    14. Tax
  7. Regulation
    1. Complaints and sanctions
    2. Regulatory authorisations
    3. Guidance and help sheets
    4. Regulatory monitoring
  8. Governance
    1. At a glance
    2. Charter, rules and regulations
    3. Council
    4. Boards and key committees
    5. Public reporting
    6. Executive team
    7. Diversity
    8. Member research
  9. Contact us
    1. ICAS technical helpdesk
    2. ICAS logo request
  10. Careers
    1. Business centres
    2. Meet our team
    3. Benefits
    4. Vacancies
    5. Imagine your career at ICAS

5 key insights from the Big Pensions Debate experts

  • LinkedIn (opens new window)
  • Twitter (opens new window)
By Hannah Downie, CA Today

5 June 2018

Key points:

  • Merryn Somerset Webb hosted ICAS inaugural Challenging Conversations live panel debate in Edinburgh.
  • The event explored the solutions to the major shortfall in UK pensions saving.
  • Ahead of the event, expert panellists shared their thoughts on the hot topics that were to be debated.

Ahead of ICAS’ inaugural Challenging Conversations event on pensions, our expert panellists shared their thoughts on some of the hot topics.

Award-winning financial journalist Merryn Somerset Webb hosted the debate and was joined by an expert panel of speakers:

  • Maggie Craig, Head of the FCA’s Scotland office
  • Jamie Jenkins, Head of Pensions Strategy, Standard Life
  • Clare Reilly, Head of Corporate Development, PensionBee
  • Henry Tapper, Founder of the Pension PlayPen
  • Rob Yuille, Head of Retirement Policy at the ABI


Jamie, can industry incumbents make the gear shift to engage pension savers or will it be up to Fintech?

"Fintech is part of the solution, but the real change will come as people’s pots begin to grow.

"The key will be to make communications – in any medium – timely, targeted and relevant."

Millennials don’t like the word ‘pension’ – how can industry begin to engage them?

"The fact that people in the States can identify with ‘401Ks’ – when this actually represents the legislative reference under which they’re established – suggests there’s more to it than changing the name…"

Find out what Jamie thought was the most important issue for industry to address by reading our Big Pension Debate highlights.


Maggie, what challenges have the freedom and choice reforms brought to the FCA?

"The pension freedoms introduced highly significant changes at retirement.

"Our initial challenge was to introduce the necessary rule changes on time.

"Our ongoing challenge is to monitor and supervise this market as the changes have bedded in and the market has responded."


Clare, do you think the pensions dashboard will be able to achieve its aim?

"The dashboard will achieve its aims of ownership and reuniting people with old pots if it is allowed to progress in a lean-tech way.

"We are of the view that anything is better than nothing, while others have said they won’t support the dashboard unless it’s all-singing all-dancing from the start, in terms of coverage and information per pension.

"A lot of people have said consumers will get switched off if the dashboard doesn’t have full coverage..."

Find out if Clare agreed by reading our debate review.


Rob, what are the 3 key challenges for retirement "defaults"?

"Industry and policy-makers need to find solutions for people who cannot make complex retirement decisions. But any solution comes with challenges. 

"1. How tailored is it? A customer will likely reach a better outcome if their retirement income takes account of their health and their dependents. This will also inform what they're invested in, and the key decision: how much to take out. 

"2. Is it advice? People need simple communications and access to guidance to help them make decisions. But the more tailored this guidance becomes, the more it looks like a personal recommendation. The FCA needs to give examples of how solutions like this can be delivered without advice."

Rob revealed his third key challenge on the night. Read more about the issues that were debated.

Underfunded DB schemes: What’s the solution?

By Liz Duffy, Policy Adviser, Pensions

16 November 2017

2021-04-alterledger 2021-04-alterledger
ICAS logo

Footer links

  • Contact us
  • Terms and conditions
  • Modern slavery statement
  • Privacy notice

Connect with ICAS

  • Facebook (opens new window) Facebook Icon
  • Twitter (opens new window) Twitter Icon
  • LinkedIn (opens new window) LinkedIn Icon
  • Instagram (opens new window) Instagram Icon

ICAS is a member of the following bodies

  • Consultative Committee of Accountancy Bodies (opens new window) Consultative Committee of Accountancy Bodies logo
  • Chartered Accountants Worldwide (opens new window) Chartered Accountants Worldwide logo
  • Global Accounting Alliance (opens new window) Global Accounting Alliance
  • International Federation of Accountants (opens new window) IFAC
  • Access Accountancy (opens new window) Access Acountancy

Charities

  • ICAS Foundation (opens new window) ICAS Foundation
  • SCABA (opens new window) scaba
ICAS logo

Our cookie policy

ICAS.com uses cookies which are essential for our website to work. We would also like to use analytical cookies to help us improve our website and your user experience. Any data collected is anonymised. Please have a look at the further information in our cookie policy and confirm if you are happy for us to use analytical cookies: