Stress-testing defaults: what happens to pension auto enrolment during a crisis?
- Date: Thursday 13 May 2021 | 2-2:45pm (BST)
- Location: Virtual – GoToWebinar
Join us for this live online event where we’ll share findings from the initial stages of our research programme, and discuss what these learnings may tell us about the resilience of the UK’s retirement system and implications for long-term financial security.
Since the initial shock of the Covid-19 pandemic, Nest Insight has been examining how the crisis is affecting those saving with Nest, who tend to be on low to moderate incomes. We’ve been looking at this important question through a number of lenses, working with Nest’s administrative dataset, covering the jobs and pension savings of over nine million workers at nearly 900,000 UK employers, to find out:
- Have any specific groups of workers been more negatively affected than others?
- Have there been any changes in pension saving behaviours?
- Has the crisis changed people’s views on the importance of saving for emergencies?
To conduct this analysis, we’ve been working with John Gathergood and Jesal D. Sheth of the University of Nottingham, and with Neil Stewart and Chris Firth of Warwick Business School. This collaboration was made possible by a Covid-19 Rapid Response ESRC Grant from UK Research & Innovation and also by the ongoing support of BlackRock, the Money and Pensions Service and JPMorgan Chase, which created the post-doctoral position as part of our wider programme of research into emergency savings and debt.
- Matthew Blakstad, Analysis Director at Nest Insight
- Jesal D. Sheth, Postdoctoral Research Fellow at the University of Nottingham
- Professor John Gathergood, from the University of Nottingham
Sign up to the event to learn more and join the conversation: Register here.