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Program-Outline

24-25 September 2020

Singapore

(Program updated per 21 January 2020)

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AgingFinance 2020 - Creating Societal Readiness

We are happy to inform you about the global inaugural AgingFinance conference in

Singapore on 24-25 September 2020.

Why a Global Platform AgingFinance?

Leading economies are being confronted with a massive funding gap of US$ 16 trillion in

2050 to ensure a lifetime financial support for their aging populations. If public policies and

individual behaviors do not change, many countries’ pension systems will face a severe

crisis, threatening either unaffordable public expenditure or inadequate incomes for

retirees. We do have to reform our antiquated pension and retirement systems in the midst

of times with smaller projected returns and an era of low interest rates next to swift

changes in demographics. Lifetime financial security also depends on the availability of

public health, housing and transportation services, as well as on informal community and

family support.

An effective mixture of policies will be needed to tackle the problems we will face.

AgingFinance is key global platform where policy makers, key stakeholders, experts and

solution providers from around the world (from both Developed and Emerging Economies)

join to break down the ‘present silos’ and share global best-practices, innovation and

lessons learned on key topics such as pension reform, working longer, stimulating higher

individual savings, managing healthcare cost, elderly care and the role of the community,

managing financial contracts & effective personal financial planning, housing & mortgage,

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harmonization of income policies and tax reform, creating an (more) efficient asset

management and administration of pension reserves, and more.

The AgingFinance Program

At this stage we are working on the draft program-skeleton. We will offer two days of

sharing deep insights on relevant topics as we will stimulate debate amongst the

international experts and stakeholders present. All around aging issues and the impact of

its financial consequences. Looking for a new and consistent structure for our societies.

We are building the best program along the lines of relevant topics of building blocks. (See

our list.) In that way our program is a ‘living document’ that will be updates regularly!

We would be happy to discuss with you these building blocks and discuss possible program

involvement as speaker and/or contributor of relevant expertise. We also offer limited

sponsor opportunities to support this unique initiative. Our focus and priority is offering

top quality content and relevant networking conditions amongst global experts,

professionals and stakeholders. The program content is 100 % commercial free.

For more information and/or your suggestions, please contact directly:

harry@smorenberg.nl of via info@agingfinance.com

Looking forward to an exciting annual program!

Harry Smorenberg

Chairman AgingFinance.com

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Re-designing our Financial Wellbeing Singapore, 24 – 25 September 2020

Program Outline (Updated: 20 November 2019)

Day 1: Thursday 24 September 2020

08.45 – 09.00 Welcome by the Chair

Harry Smorenberg

09.00 – 09.10 Official Opening: Keynote Speech:

Ensuring Life-Time Financial Security: The Singapore Ambition

(Ministry of Manpower - Singapore)

09.10 – 09.30 Keynote Briefing: Transforming Aging Challenges into Opportunities

Global Demographics shifts & solution directions reviewed

09.30 – 10.30 Keynote & Panel: The Era of Financial Wellbeing

Drivers are Health – Wealth – Happiness

The AI Economy: The Impact on Work, Wealth and Welfare

The gradual development towards a Universal Basic Income?

Roles & Responsibilities: managing risks / adequate social security safety net

10.30 – 11.00 Break

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11.00 – 11.45 Panel: The Need for Swift and Transformational Reforms

Does politics have sufficient reform agility and pressure to act?

Social & Pension Reforms: global case studies reviewed

11.45 – 12.30 Keynote Speech (pending)

“The Future of Work: The Human Cloud”

12.30 – 13.45 Lunch

(With lunch intermezzo / presentation(s))

13.45 – 14.45 Choice of Track Sessions (2)

A – The Casualisation of the workforce

The growing impact of the Gig-Economy

Paradigm shift in income & savings

The new personal risk-profile and how to manage

B – (Personal) Financial Planning & Advisory Platforms

New tools / techniques: (Fintech) showcase of best practices

User-centric systems to fit the needs of the masses

How can the cutting edge help the lagging majority

Impact of voice-commanded AI interfacing / robo-advise / InsurTech)

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14.45 – 15.45 Choice of Track Sessions (2)

A - The Emerging New & Older Workforce

Working Longer and dealing with age discrimination, permanent education & career

management, job-rotation, flex working conditions, new career planning…

B – The Power of Micro-Pensions and Micro-Insurance

Starting point: Financial literacy /inclusion - education

Micro-Pensions / Micro-Insurance as a basis

Lessons shared from digital micro-pension inclusion in Asia, Africa and the LAC

Live cases and debate

Introduction & Moderator:

Parul Seth Khanna (Director PinBox Solutions, Singapore / India)

15.45 – 16.15 Break

16.15 – 16.45 Top 3 Fintech cases pitches: “The AgingFinance Awards Selection”

(Brief presentation by winners and AF Award Ceremony)

16.45 – 17.30 Keynote Address: The End of Pensions (as we know it…)

Retirement Savings can’t be addressed in isolation

Leaving the 3-pillars for … ? Alternative solutions discussed

Managing Risk: Putting participants more into the ‘driver’s seat” ?

17.30 – 19.00 Cocktails (end of day 1)

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Day 2: Friday 25 September 2020

09.00 – 09.10 Welcome by the Chair / Essentials of Day-1 shared

Harry Smorenberg

09.10 – 09.30 Keynote address: “Healthy Longevity”

How to orchestrate and finance “prevention”

09.30 – 10.30 Keynote Panel: AgingFinance & Healthcare

How governments, insurers, pension funds and other financial institutions can help

design systems to minimize the costs of aging while simultaneously increasing societal

wellbeing. (On capital flows towards medical innovations, prevention and true

cost/benefit analyses.)

10.30 – 11.00 Break

11.00 – 11.30 New insights on Work & Income and managing “flex-savings”

Next level of societal reform and towards a shared economy? Re-thinking ownership:

how the shift towards fractional, on-demand access to assets & services has already

started.

11.30 – 12.30 Panel: Making Pensions Flexible: breaking down the silos

Strategic comparison and priorities reviewed:

Speakers and panel from Japan, The Netherlands, China and Chile

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12.30 – 13.00 Fireplace Debate: Improving Returns of the Pension Pot

(focus on individual, more flex, longer lives and lower returns)

Individual vs. collective investing (or hybrid forms)

Next level scenario’s to reduce cost of admin and asset managers

Debate: CIO (fund owners) / next generation Asset Manager

13.00 – 14.00 Lunch

(Additional workshops / lunch intermezzo’s)

14.00 – 15.00 Choice of Track Sessions (2)

A - Housing & Elderly Care

New perception on societal roles and responsibilities ➔ ‘real’ estate values (on the

value of people’s homes, the design of their living spaces and the (mis)alignment of

expectations from family, friends & state)

B - Dealing with Financial Stress

Income sufficiency vs spending behavior ➔ the cost of delinquencies for all

stakeholders / predicting and preventing credit risk: legislative actions & technological

assistance (global best practices shared)

15.00 – 15.45 Introduction & Panel: Open Finance: Creating Optimal Customer Engagement

“Everyone deserves financial advice” (Toshio Taki)

▪ From “open-banking to open-finance”: next step in data aggregation

▪ Key success factors for creating successful budgeting /financial planning tools

▪ Fintech as Savior for an Aging Society?

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Toshio Taki (CEO Money Forward | Head of Fintech Institute, Tokyo - Japan)

15.45 – 16.30 Closing keynote Interview: ASIA/ASEAN alignment: preparing for next 50 years

▪ Review of programs and alignment opportunities (ASEAN initiatives)

▪ Best Practice Sharing

16.15 End of program by Chairmen / Farewell drinks

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AgingFinance 2020 Program Building Blocks

The above program is a first outline and base skeleton. It is a ‘living document’ as we will

add more topics and specific details in the coming months. Topics we will discuss and

present are amongst others:

• Global Demographic Trends reviewed and the need for swift and Transformational

Reforms. Does politics have sufficient reform agility and pressure to act?

• Entering the era of Financial Wellbeing: drivers are Health, Wealth and Happiness

• About Advisory Platforms: do they work and how can we really benefit? How can we

secure strong ‘ quality of advice’ rules?

• Personal Financial Budgetting & Planning: new tools / techniques: overview of

global (“RetireTech”) best-practices. From “Open Banking to Open Finance”: the

next step towards better customer engagement.

• The emerging Role of the Employer: more active role for Financial literacy,

education, budgeting & planning and early career planning & management (beyond

company priorities…).

• The New Older Workforce: working longer and how to deal with education, career

management, job-rotation, technology, flex income

• New insights on work & Income: The Future of Work: Next level of societal reform

and towards a shared economy and “the Human Cloud”? Re-thinking ownership: how

the shift towards fractional, on-demand access to assets & services has already started.

• The GIC economy and the ‘casualisation of the workforce’: paradigm shift in income

and savings…

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• Technology will transform businesses and workforce as we know it. We need to align

with new structures and values and create an adaptive workforce…

• The End of Pensions (as we know it): retirement savings can’t be addressed in

isolation any longer. Starting early with (individual) savings and nurturing is

important for success!

• Making Pensions Flexible: raising the pension age and managing individual needs

and options (global cases for success)

• Aging Finance & Healthcare: how governments, insurers, pension funds and other

financial institutions can help design systems to minimize the costs of aging while

simultaneously increasing societal wellbeing.

• Housing & Elderly Care: New perception on societal roles and responsibilities, ‘real’

estate values (on the value of people’s homes, the design of their living spaces and the

(mis) alignment of expectations from family, friends & state)

• Dealing with Financial Stress throughout life: Income sufficiency vs spending

behavior, the cost of delinquencies for all stakeholders / predicting and preventing

credit risk: legislative actions & technological assistance.

• Addressing Financial Literacy: how Micro-Pensions and Micro-insurance can

make a difference (best-practice cases shared)

• ASIA/ASEAN: how to cope with Aging Issues (debate) Alignment in (Social) Security

and preparing for next 50 years

• New tools & techniques in Investing (pension) funds for participants. The state of

the art of Robo-Advice and AI / Algorithms Technology will be shared.

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