This paper is a not-entirely-accurate (but as accurate as it can be from verbatim notes) procès-verbal of a one-day conference held at the National Liberal Club on February 26, 2003.  The title of the conference was Pensions in Crisis? Restoring confidence (though in some of the conference material, the question-mark seemed to disappear).  It was arranged by Cityforum Ltd, the public policy conference organisers, and was sponsored by:

· the Centre for the Study of Financial Innovation;
· the Retirement Income Reform Campaign, a cross-party group (of which Oonagh McDonald, who chaired much of the conference, is the director);
· Hewitt, Bacon & Woodrow, the leading actuaries;
· Aberdeen Asset Management (which generously covered the cost of producing this note); and
· Pensions World.