Investment Governance & Fiduciary Management for Pension Funds


12 April 2018
London – Le Meridien Piccadilly Hotel



Investment Governance & Fiduciary Management for Pension Funds

08.45    :    Registration and Coffee


09.15    :    Welcome & Opening Remarks


TrevorTrevor Cook, Managing Director, Specialist Pension Services





09.25   :      Session 1:  Setting the Scene


John Stannard Moderator: John Stannard, Director, Capital Cranfield





Jay IonsJay Ions, Executive Director, Goldman Sachs Asset Management


Looking Back to Stay Ahead: Can Trustees Apply Lessons Learned from their Asset Managers when Appointing and Monitoring a Fiduciary manager?

This session will include an overview of Fiduciary Management trends, specifically discussing the growth in the market in recent years and the key drivers behind this. Our focus will be how trustees can apply lessons learned from their asset managers when they look to appoint and monitor a fiduciary manager, particularly assessing value and cost efficiency through effective transparency.



Owen DaviesOwen DaviesAssociate Director, Fiduciary Management, Russell Investments





Anne Kershaw, Associate Director, Muse Advisory


Fiduciary Management: How to Pick the Right Partner? 

As an industry develops, the way it works and operates changes. A decade ago Fiduciary Management was a little used concept in the UK pensions landscape. Fast forward to 2018 and this world looks quite different. This session will talk about the selection process Trustees are using to decide which Fiduciary Manager is the right fit for their unique circumstances, and how it has developed. We will also hear the views of an Investment Governance adviser and a Trustee who recently appointed a Fiduciary Manager. 




10.40     :    Coffee/Tea



11.10     :    Session 2: Asset Allocation


Rob GuthrieModerator: Rob Guthrie, Partner & Investment Consultant, LCP






Barbara SaundersBarbara Saunders, Investment Director, P-Solve 


What Does Moving Quickly Really Mean for Pension Schemes?

Is it manager selection or asset allocation that drives investment performance? How to be dynamic with asset allocation?  What are the benefits?



Carl HitchmanCarl Hitchman, Head of Fiduciary Management Advisory, Stamford Associates


 De-Risking and Re-Risking in Today's Unpredictable Investment Environment

 Pension funds face what looks like a major conflict. On the one hand they are looking to de-risk, yet the reported increase in deficits over recent years alongside the oft quoted view of low future expected returns appears to suggest that some trustees may need to re-risk to stand a reasonable chance of delivering member benefits.  What is the reality of the situation and is there light at the end of the tunnel for trustees and corporate sponsors alike?



12.25    :     Drinks and Lunch


13.35    :     Session 3: Governance, Technology & DC 



Mark LatimourModerator: Mark Latimour, Partner, Eversheds Sutherland





 Stewart Bevan, Member FCA Panel, Head of Pension Product Development, SimplitiumStewart Bevan


Meeting the Cost Transparency Challenge: Understanding the Power of Data and Technology

This talk will discuss the challenges and opportunities for how the pragmatic use of technology can help schemes make sense of cost data, demonstrate effective governance and take meaningful action to ensure better outcomes for their members, including a look at how the new cost disclosure standards from the FCA's Institutional Disclosure  Working Group will have a positive impact.



Claire Altman

Claire Altman, Head of Financial Services, Smart Pension 


Effective Governance Models for DC Pension Investment

How is governance of DC schemes changing? How has auto-enrolment and the development of Master Trusts affected DC arrangements? What lessons can be learned and what improvements can be made as this sector develops further?



14.50   :   Coffee/Tea


15.10   :   Session 4: Fiduciary management in Practice


Moderator: tba






Nicola Ralston, Director, PiRho Investment Consulting


Fiduciary Management: Performance Measurement & Monitoring Post Selection

This presentation will discuss benchmarking and performance monitoring of Fiduciary Managers. It will focus particularly on ways of transparently attributing performance to give trustees a clearer picture of the value added by their FM provider. What does oversight of fiduciary managers mean and how should this work in practice.



Investment Governance & Fiduciary Management in Practice  

A panel of pension scheme executives and trustees will talk about their pension fund's fiduciary and governance challenges

Panelists include: 



Steve BelmontSteve Balmont, Director, Law Debenture Pension Trust, Trustee, Saul Trustee Company





Dinesh Visavadia, Trustee, Britvic Pension Plan





16.25    :    Drinks Reception & Close of Conference


It is clear that investment cost, value for money and transparency are becoming increasingly important to pension funds and need to be carefully managed. Is fiduciary management the only answer or can DGFs, balanced growth funds or other strategies also help? This conference aims to examine the issues and proposed solutions to help pension funds assess which strategies might help them to achieve better governance and higher returns without increasing risk or net costs. 


The conference is by invitation only for pension funds and other institutional investors. If you are not already receiving an invitation please contact us. A limited number of Complimentary invitations are usually available to genuine pension fund representatives (executives and trustees) and other approved institutional investors. However, to ensure we have room for as many funds as possible, we have to limit free places to 2 attendees per approved organisation thereafter a reduced rate fee is payable per delegate. Furthermore, SPS always reserves the right of admission (free or paid) and our decision is final.


Le Meridien Piccadilly Hotel, London

21 Piccadilly

London W1 0BH

Hotel Tel: 08700 400 8400

Hotel Fax: 020 7437 3574


The hotel is located on the north side of Piccadilly, close to Piccadilly Circus, only two minutes walk from Piccadilly Circus underground station.




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