Start time: 4.00 pm

End time: 5.30 pm

Online: Zoom

Webinar: Auto-Enrolment: Actuarial Learning Three Years On

This webinar is available to watch on:


In January 2021, the Society discussed a paper “A New Approach to Auto-Enrolment. Higher pensions for half the cost” by Colm Fagan. The magic ingredients to halve the cost are (a) keeping annual costs and charges below 0.5%, partly by reducing saver choices and (b) investment in equities both pre- and post-retirement, mitigating the volatility risk via an inter-generational smoothing mechanism. 

The Pensions Council has considered the proposals and commissioned further research which has not been published at the time of writing.

In this webinar Andrew Smith discusses some of the actuarial issues, including the setting of provisions, model risk in relation to economic and demographic assumptions, weighing the benefits of higher expected returns against the remote probability of the fund’s exhaustion.

There will be ample opportunity for participants to raise questions and express their views.


NB: As a security measure, there is a two-step registration process before you receive the link to join any webinar.  The first step is to register your interest in attending a webinar by making a reservation for an event via the Society’s website.  You will receive a link to then register via the Zoom platform.  It is after this second registration step that you will receive the link to join the webinar. 

Biographical details

Andrew is an assistant professor at University College Dublin, specializing in stochastic modelling with more than thirty years of industry experience.

Event Type
Web Session
Event format
Virtual event
Andrew Smith, Assistant Professor, University College Dublin
File attachments
Date Attachment Size
04/04/2024 Auto Enrolment: Actuarial Learning Three Years On 351.54 KB Download
11/04/2024 LIA code 189.43 KB Download