This depends very much on your event.
If you have mostly the same persons every year, this might be helpful.
But for most events a lot of the people (authors / participants) change every year, so it might be easier not to keep all users.
Furthermore, experience shows that users often do not remember whether they had an account or not.
They might also forget their user details / passwords.
So in most cases it causes less problems / questions when users have to register anew.