Podcast

A shared pensions legacy

calendar icon 05 June 2026

Key topics discussed

  • Intergenerational fairness and adequacy
  • Rising costs and shifting risk in DC
  • Gaps for part-time and self-employed workers

Pensions policy shapes outcomes across generations. In this special edition of Hymans Robertson On…, Calum Cooper is joined by Lord David Willetts, Dr Suzy Morrissey and Will Sandbrook as they explore how we can build a system that works for everyone.

They discuss the pressures facing both public and private pensions, from the rising cost of the state pension to the shift from defined benefit (DB) to defined contribution (DC), which has moved risk onto younger savers. The potential for collective defined contribution (CDC) schemes is also explored.

The conversation looks at whether meaningful change is possible, including how automatic enrolment could evolve and how policy might better support financial resilience, while improving retirement adequacy.

They close by challenging whether the current system works for everyone, highlighting gaps for part-time workers and the self-employed, and the need for a more inclusive approach to pension design.

If you’d like to follow up on anything discussed, please don’t hesitate to get in touch.

 

Hymans Robertson disclaimer

This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.

The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. 

Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

Speakers

Calum Cooper
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Calum Cooper

Partner and Head of Pension Policy Innovation

Lord David Willetts (1)

Peter Peterson

President, Resolution Foundation

Suzy

Dr Suzy Morrissey

Deputy Director, PPI

Will Sandbrook

Will Sandbrook

Managing Director, Nest Insight

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