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The TISA Retirement Savings Challenge – an open strategic debate on what the market needs, not on what the industry prepared earlier!

October 15, 2009

Last week’s TISA conference is growing its reputation as the unmissable event of the year for industry specialists. TISA once again attracted a top level audience to listen to some of the leading thinkers in the retirement debate.

Tony Vine-Lott, Director General of TISA stated:

“The feedback has been immensely positive. We don’t think there’s any value in running a conference unless it contains substance. We pitched the debate specifically at focusing on the financial needs of consumers in or approaching retirement. Our expert speakers were forced to home in on potential solutions – and that doesn’t just mean pensions. That resonated with the audience at both a personal and work level.”

Comments from the audience

– John Jory, Deputy Chief Executive Officer – B&CE Benefit Schemes: “It was thought provoking with an excellent line-up of speakers and one of the best retirement conferences of the year.”
– Hugo Thorman, CEO – Ascentric: “A very informative session with characteristic challenges to received wisdom from many of the speakers – topical, timely and well organised by TISA as usual….”
– John Lawson, Head of Pensions Policy – Standard Life Assurance Limited: “Despite being in only its second year, the TISA Retirement Challenge has already set the benchmark for pension conferences. Its A-list speakers, which this year included Alan Pickering, PADA’s Tim Jones and the Pensions Minister, Angela Eagle, provide genuine insight into the key pension issues and developments.”

Malcolm Small, TISA Director of Portfolio and Retirement Planning, who chaired the conference added:

“There’s something of a collegiate atmosphere at these debates. We get a better quality of questioning and debate and people seem to leave feeling they have genuinely been able to tap into some new insights. It demonstrated that the debate is moving well beyond the narrow focus of ‘income in retirement’ to people’s total financial and emotional needs – the changes required over a whole range of areas to improve and enhance the well-being of the nation’s elderly.”

Ends

For further information, please contact:

Tony Vine-Lott, Director General, TISA – Mobile: 07790 006108
Email: tony.vine-lott@tisa.uk.com

Issued on behalf of TISA by Cauldron Consulting
Contact Steve Radford, – Tel: 020 3178 7238, Mobile: 07889 903786
Email: steve.radford@cauldron-consulting.com

Notes to editors:

Speakers included:

Alan Pickering CBE, Chairman, BESTrustees plc; Ian Owen, Chairman, Partnership Assurance; Adrian Boulding, Wealth Policy Director, Legal & General; Lucian Camp, Chairman, Tangible Financial; Tim Jones, Chief Executive, PADA and Angela Eagle MP, Minister of State for Pensions and the Ageing Society.

Tax Incentivised Savings Association (TISA)

TISA is the leading trade body for tax incentivised products in the UK retail savings and investment industry. By engaging with member firms, government, political parties, regulators and consumer groups TISA’s ultimate goal is always to further the end consumers’ best interests. TISA seeks to improve the range, features and quality of savings and investment schemes available whilst at the same time encouraging more people to save for their long term financial security and peace of mind.

TISA is uniquely placed to articulate the opinions of the whole savings and investments marketplace, its remit extending across the broad spectrum of government sponsored savings and investment vehicles including:
• Individual Savings Accounts (ISAs)
• Child Trust Funds (CTFs)
• Savings Gateway
• Personal Pensions
• Investment Bonds
• Employer based pension schemes
• Wraps and platforms
• Other consumer-centric savings schemes and initiatives.

HM Government uses TISA’s market knowledge and ability to represent the views of both the savings and investments industry and consumers to help it to formulate its policy in this area. Recent TISA successes include improvements to the ISA, the regime in which ISAs operate and simplification of the CTF.