Consumer Engagement: barriers and biases

The Pensions Policy Institute (PPI) held a policy seminar on the 9th of February 2017 to launch the first in a series of reports exploring consumer engagement with pensions and financial products. The main sponsor of this report is Pinsent Masons. The research series is being sponsored by the Association of British Insurers (ABI), LV=, Pinsent Masons, State Street Global Advisors (SSGA), The Pensions Advisory Service (TPAS), Institute and Faculty of Actuaries (IFoA), The Pensions Regulator (TPR), The People’s Pension, and the Universities Superannuation Scheme (USS).

The first report explores the reasons behind people’s decisions and the lessons that can be drawn from behavioural economic theory for policy-makers, particularly in relation to engagement in pension decisions.

Around 80 people were present for the launch. Attendees included representatives from the pensions industry, trade bodies, unions, politicians and other stakeholders.

To read a write up of the seminar, please click here.