Presentation to CIPDFINANCIAL EDUCATION AT HENDERSON GLOBAL INVESTORS

Wednesday 15 October 2010

Jeremy MindellHenderson Global Investors

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Why financial education?

More responsibility sits with employees

Defined Benefit gone for new employees

Less certainty in: Length of employment Pension outcome Value of remuneration package

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More choice

At Henderson we offer

Defined Contribution Plan – with choices for employees

Lifestyle & Freestyle

Nomination forms

Alternatives to Annuities

No default Retirement age

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Share Schemes

Large choice for employees

BAYE (SIP)

SAYE (sharesave)

CSOP – all employee option plan

Discretionary plans

Aim to obtain greater employee understanding and valuation of benefit

But also look at

diversification

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Who is the target audience?

Henderson although in Financial Services

Don’t assume financial knowledge

Information not advice

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Presentations

Linked to:

Tax Year

Share launches

Pensions

End of year

General

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Role of IFA

To go where no employer can go! Face to face Personal advice FSA compliant Relieves employer of responsibility Deals with conflicts of interest Share participation vs. diversification

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Communications

Desktop

IFA

Face to face

Presentations

Web cam

Newsbytes

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Challenges

Get the right people to the right presentations and events

Not always the usual suspects!

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Questions