Retirement study overseen by editorial board
Our income and wealth in retirement study, conducted with the Association of Independent Financial Advisers (AIFA), was overseen by an editorial board with representatives from the business, consumer and academic communities:
- The Rt Hon. John Gummer MP (Independent Chairman, AIFA)
- Lord Lipsey (ex-Chairman of the Financial Services Consumer Panel)
- Professor David Blake (Director of the Pensions Institute, Cass Business School)
- Malcolm Streatfield (Joint Chief Executive, Lighthouse Group)
- Mark Lund (Chief Executive Officer, Money Portal)
- Barry O'Dwyer (Managing Director, Retail Life and Pensions, Prudential UK)
| Independent AIFA Chairmain John Gummer said of the research: "This report represents the first attempt to look at financial planning in retirement as a whole. It offers many pointers to the way ahead and to the issues that need to be dealt with. Most importantly it presents a challenge to our whole way of thinking about finance in retirement." You can read John Gummer's insights into income and wealth in retirement in the research report foreword. |
 |
The Rt Hon. John Gummer MP
Chairman, AIFA
John Gummer was Margaret Thatcher's Chairman of the Conservative Party, and for 16 years a minister, becoming Minister for Agriculture, Fisheries and Food, and then Secretary of State for the Environment. His experience as an international negotiator has earned him worldwide respect both in the business community and among environmentalists.
Previous to his ministerial career he was a successful businessman and Chairman of a medium sized plc. In consecutive years, the BBC unprecedentedly awarded him the title 'Parliamentarian who did most for the Environment Internationally', while the NGO community called him 'the best Environment Secretary we have ever had'.
Since leaving office he has held the positions of Chairman of the International Commission on Sustainable Consumption, Chairman of the Marine Stewardship Council and Non-Executive Director of Kidde Plc. He is currently Chairman of The Sancroft Group, Chairman of Valpak Ltd. and Chairman of Veolia UK Ltd. He is also the Non-Executive Director of Sistema-Hals, a leading real estate development company in Russia.
In December 2005 David Cameron appointed him Chairman of the Quality of Life Commission. The Quality of Life report, "Blueprint for a Green Economy", was launched in September 2007.
He has been the independent Chairman of AIFA for six years.
Lord David Lipsey
David Lipsey is a Labour peer. He has had a wide range of experience as a regulator (including at the Personal Investment Authority and the Advertising Standards Authority); as a company director and chairman (at the Tote and Impower); as a journalist (as deputy editor of two national newspapers and editor of a social affairs weekly) and as a public policy expert (as chair of the Social Market Foundation think-tank and as a member of three official government inquiries).
Professor David Blake
Director of the Pensions Institute, Cass Business School
Dr David Blake is Professor of Pension Economics and Director of the Pensions Institute at Cass Business School, London; Chairman of Square Mile Consultants, a training and research consultancy; and Co-Founder with JPMorgan of the LifeMetrics Index. Consultant to many organisations, including JPMorgan, Merrill Lynch, Deutsche Bank, Union Bank of Switzerland, Paribas Capital Markets, McKinsey & Co., the Government Actuary's Department, the Financial Services Authority, the Department for Work and Pensions, HM Treasury, the Bank of England, the Prime Minister's Policy Directorate, the International Monetary Fund and the World Bank.
In June 1996, he established the Pensions Institute. The Pensions Institute undertakes high quality research on all pension-related issues and publishes details of its research activities on the internet.
His recent books include Pension Schemes and Pension Funds in the United Kingdom published by Oxford University Press in 2003, and Pension Economics and Pension Finance, both published by Wiley in 2006. David is also a member of the Academic Advisory Board of the Behavioural Finance Forum founded by Professor Shlomo Benartzi of UCLA.
Malcolm Streatfield
Joint Chief Executive, Lighthouse Group
Malcolm Streatfield was appointed Chief Executive of Lighthouse Group plc in January 2003. He has 32 years experience in financial services and was elected to the council of AIFA (Association of Independent Financial Advisers) in June 2002. In June 2008, Malcolm was appointed to the Customer Impact Panel of the ABI (Association of British Insurers) and from February 2009, he has been a member of the Financial Services Practitioner Panel.
He joined Lighthouse in April 2002, following the acquisition of BWA Group where he was Chief Executive.
Mark Lund
CEO, Money Portal
Mark has more than twenty five years experience in UK financial services. He is CEO of the Money Portal Group the UK's largest independently owned IFA group. Before joining Money Portal Mark was Chief Executive of leading UK wealth management company St. James's Place plc. Prior to this he was Chief Executive of JP Morgan FundsHub. Earlier in his career he was a Director of the investment company Henderson Investors plc and he also had a stint on secondment to Virgin Direct as CEO.
Prior to this he was a management consultant with Booz Allen & Hamilton. He is a Fellow of the RSA, an affiliate of the CFA and a Fellow of the Securities Institute. He holds a Masters degree in Transport Economics from the University of Leeds.
Barry O'Dwyer
Managing Director, Retail Life and Pensions, Prudential UK & Europe
Barry was appointed as Managing Director of Prudential's Retail Life and Pensions business in January 2009. He is responsible for the strategic development and growth of its pensions, investments, and retirement income products.
Barry joined from HBOS Financial Services where, as Products and Marketing Director, he was responsible for investment, pension and protection products through the Halifax, Bank of Scotland and Clerical Brands.
He began his financial services career at Standard Life and during 19 years with the company he held a number of senior management positions in both the UK and Ireland.
Barry is a fellow of the Institute of Actuaries.
