Annuities around the world

Good Speaker: Interesting topic:

International guest speaker David Harris, Managing Director, TOR Financial Consulting Ltd: Is New Zealand up with the play? Annuities around the world.

When: Thursday 27 August 2015, 10am to 11.30pm

Where: Room 260-325, Level 3, Owen G Glenn Building, University of Auckland, 12 Grafton Rd, Auckland.

Abstract: Retirement income solutions around the world: how does the retirement income money last? This presentation compares recent thinking and developments on annuitisation and pensions in the UK, US, Chile, South Africa, Australia and New Zealand. What are the options? How effective are the incentives? Given population ageing, should New Zealand rely on a voluntary retirement saving scheme to solve the challenge of decumulation? David Harris will draw on his international experience to offer insights on pension design, retirement savings investment options, annuities and ways to promote security given the inherent uncertainties.

Bio: David Harris is well known in the financial services industries in the UK, USA and Australia as an expert on pensions systems and reform. Prior to founding TOR Financial Consulting he was a senior consultant with Watson Wyatt & Co. in the UK and Watson Wyatt LLP in Washington DC. David has worked with the financial services and consumer protection regulators in Australia and the UK, and worked with the OECD and Irish Government on evaluating how the existing framework can be improved. He has testified several times before the United States Congress on international social security and pension reform. David was awarded the AMP Churchill Fellowship to study “What influences public confidence in the life insurance and retirement industries”. He continues to work on Irish pension reforms with the insurance industry.

To Register, email Dr M.Claire Dale m.dale@auckland.ac.nz

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