10 September 2019
“Protecting the future” means different things to different people.
At our annual conference, we will hear from the Pensions Regulator, who has statutory objectives to protect members’ benefits and the PPF, from an asset manager who engages with companies to encourage sustainable practices, and from LCP speakers who use technology and the latest thinking to help employers and trustees plan ahead to reach their own scheme’s ultimate target .
The agenda covers a range of topical issues and, by the end of the morning, you will be better equipped to develop your strategy to navigate the current economic, political and regulatory landscape in a responsible and sustainable way.
08:30am Registration and breakfast
09:00am Session one
Sacha Sadan - Director of Corporate Governance, Legal & General Investment Management
Engagement to enhance long-term value
Dialogue with companies, policymakers and other stakeholders is an important tool for protecting and enhancing the value of the outcomes achieved.
Claire Jones - LCP
Engagement in practice for pension schemes
Trustees typically delegate engagement to their investment managers, but they are increasingly expected to take an active role in overseeing that engagement. Claire outlines some practical steps that trustees can take to fulfil these expectations.
David Fairs - Executive Director for Regulatory Policy, Analysis and Advice, TPR
The Regulator's view
The Pensions Regulator has become clearer, quicker and tougher in recent times and a strengthened funding code backed up by new statutory powers will give it even more teeth. David Fairs talks about the Regulator’s approach to DB regulation and to scheme funding in particular.
Steven Taylor - LCP
Setting your strategy
Trustees and sponsors of pension schemes are urged to set long-term funding targets and short-term recovery plans; mend the pensions roof while the sun shines; and ensure that the pension scheme gets its fair share of the cake. Steven reflects on regulatory developments and suggests how schemes can set appropriate strategies.
11:00am Coffee break
11:20am Session two
Radhika Ravi - LCP
Help insurers help you
With volumes of insurance transactions at all-time highs, have we reached a supply and demand tipping point? If your scheme is planning an insurance transaction – whether in the short term or longer in the future – understanding the insurer perspective can help you achieve the optimal outcome in this busy market.
Alan Casey - LCP
Is your pension scheme data holding you back?
As schemes embark on major projects – like GMP equalisation or annuity purchase – it’s important to check that benefits are being calculated and paid correctly. It’s surprising how often they aren’t. Alan shares some recent case studies that highlight even the best-run schemes can have issues to address.
Alasdair Mayes - LCP
GMP equalisation – 29 years and counting
The Lloyds Bank case means that all schemes will need to tackle this issue in the foreseeable future. LCP’s Alasdair Mayes helps you set a strategy for achieving GMP equalisation whilst avoiding some obvious (and not so obvious) pitfalls.
Dan Mikulskis - LCP
Protecting the future - your strategy for success
Your scheme, your journey Dan draws together themes from the morning and outlines how trustees and can develop investment strategies that can help you navigate the economic, political and regulatory minefield and thereby reach your destination in a responsible and sustainable way.
1:00pm Close followed by seated lunch
|Hilton Park Lane|
|22 Park Lane|
One of the highlights of the pensions calendar - has not failed to deliver again. Organisation excellent.