DC Pension Developments & Current Issues
08.30 : Registration and Coffee
09.00 : Welcome & Opening Remarks
Trevor Cook, Managing Director, Specialist Pension Services
09.10 : Session 1: Setting the Scene
Moderator: Anna Eagles, Director, LawDeb
Nicola Rawlinson, Executive Director, Client Portfolio Management, Multi Asset Solutions, J.P. Morgan Asset Management
Bridging the Gap on Lower Long-Term Returns
Individuals already struggling to achieve a financially secure retirement face an intensifying challenge. Not only are they living longer, they are also confronted with declining expectations for long-term returns on their retirement assets. Plan sponsors face a stark choice once they have acknowledged the outlook for lower returns. They can stay the course—with members contributing at their current deferral rates, often into relatively undiversified portfolios. Alternatively, they can take action to help improve retirement outcomes: encourage members to save more; consider investment strategy options that can make portfolio diversification easier; and provide members with the opportunity to enhance returns through the use of active management.
Ashley Lester, Head of Multi-Asset Research, Schroders
Benefits of factor investing
Gaining exposure to equity markets and the growth they deliver is essential for DC investors; however, is there a better way to improve investment outcomes whilst also being mindful of costs? Factor investing allow investors to seek enhanced risk-adjusted returns, reduce portfolio costs and increase performance transparency. In this session we will explore the evolution of equity investing and how capturing factors can benefit the DC investor. Multi Factor Equities – what is it and how to construct?
10.25 : Coffee/Tea
10.55 : Session 2: The Member Experience
Moderator: Jenni Kirkwood, Senior DC Consultant, Mercer
Adrian Gordon, Head of Institutional, HSBC Global Asset Management
Remember the Member!
The rapid expansion of the DC pension market offers opportunity and challenges as the industry tries to deliver the right solution for members. For the first time, thousands of members are responsible for their pension choices and their financial future, while Freedom and Choice has changed Retirement options forever. Understanding our members, their needs and fears is the key to efficient engagement and empowerment of members. Adrian explores the needs of different categories of member, the difficulties of balancing these within schemes and how to make things personal.
Ashish Kapur, Head of European Institutional Solutions, SEI
The New Pensions Landscape - An Eye to the past is a Guide to the Future
Over the past decade, developments such as auto-enrolment and introduction of new flexibilities have transformed the pensions market almost beyond recognition. Today, a multitude of uncertainties, both political and economic, have made it difficult to predict what lies in store over the coming years. But, of one thing we can be sure, the need for high quality governance and the ability of providers to deliver increasingly personalised benefits and communications. This presentation shares SEI’s learnings and experiences from its almost unique standpoint of running a Master Trust for 10 years along with our hopes and predictions for the future.
12.10 : Drinks and Lunch
13.30 : Session 3: The Choice Today
Freedom and Choice
What has been the experience of early adopters and what can now be described as best practice.
Will Aitkin, Director, Deloitte Total Reward and Benefits Ltd
The Future of Pensions
The continuing shift from DB and DC is an oversimplification of saying just what is happening in pensions today; There appears to be an increasing role for master trusts and contractual arrangements, freedom and choice has an impact on investment strategy and the availability of wider savings arrangements now all have to be factored in. We are seeing the end of a one size fits all approach to pensions and the gradual emergence of pension schemes that may not even attempt to provide a pension!
15.05 Session 4: TPR Update & Case Studies
Moderator: Nita Tinn, Trustee Director, IHG UK DC Pension Plan
Louise Sivyer, Policy Manager, The Pensions Regulator
The Pensions Regulator Update
Mark Latimour, Partner, Eversheds Sutherland
So much has changed over the last few years in the world of DC pensions. Are you sure you are up to date with all recent developments? We take a look at the changing role of trustees, new regulatory requirements and the impact of recent budgets and look at issues such as Minimum quality standards, the Chair’s Annual Statement, Assessing value for money, the DC code of practice, Transparency, Trustee training, Governance Committees, Issues with Master trusts, Pension taxation, Pension flexibilities, Scheme transfers, Auto-enrolment, the issue of Guidance vs Advice and Understanding Disclosure Requirements.
Pension Fund Case-Studies
A panel of pension scheme executives and trustees will talk about their pension fund's DC experiences. Panellists to include:
Anthony Charlwood, DC Investment Officer, TPT Retirement Solutions
16.20 : Drinks Reception & Close of Conference
With so few DB schemes now open to new members, the DC industry is becoming ever more crucial. This
conference aims to provide an update for pension fund executives, trustees and employers on the impact of recent legislative changes to the DC market and to examine both the outlook for the industry and a range of the innovative developments and products/ideas that are being developed to meet future needs.
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.
May 11, 2017 Le Meridien Piccadilly, London
June 8, 2017 Le Meridien Piccadilly, London
June 15, 2017 Le Meridien Piccadilly, London
July 13, 2017 Le Meridien Piccadilly, London
Alternative Credit and Private Debt Investing for Pension Funds
August 31, 2017 Le Meridien Piccadilly, London
Emerging, Frontier & Alternative Markets Investment Strategies for Pension Funds
September 14, 2017 Le Meridien Piccadilly, London
September 21, 2017 Apollo Hotel, Amsterdam
October 3, 2017 7A Odenplan, Stockholm
Property, Real Assets & Infrastructure Investing for Yield for Pension Funds
October 12, 2017 Le Meridien Piccadilly, London
November 9, 2017 Le Meridien Piccadilly, London
Annual Northern Investment Conference for Pension Funds
November 16, 2017 The Met Hotel, Leeds
November 23, 2017 Le Meridien Piccadilly, London