The lecture was run by the External Relations team and Westminster Business School, questioning whether pensions were fit for 21st century retirement. It featured Baroness Ros Altmann CBE, a leading speaker on pension policies and planning for later life. She was UK Pensions Minister from 2015-16 and was awarded a CBE for services to pension funds and pensioners. She is also a member of the House of Lords and was made an Honorary Doctor of Letters by the University of Westminster in 2009.
Opening the event, Head of Westminster Business School Professor Malcolm Kirkup, said: “Renaming this lecture theatre will keep Orla’s name prominent in the work we do and enable us to remember the impact she had on the Business School.”
The Baroness Altmann delivered an hour-long talk, covering a number of different aspects of pension policy and the issues attached to them, including how pensions should not be subject to a ‘one-size fits all’ guideline, the subsequent need to take note of demographic warnings and the continuing unfair gap between different generations. She also spoke about what should be done in order to tackle these issues, such as a new signal to help the public prepare for later life, behavioural insights to make pensions more attractive and the need for generations to work together and look out for one another.