PMI Crest
PMI
Pensions Aspects Live

Pensions Aspects Live

02 December 2021 | 09:00 – 18:00

book now

Pensions Aspects Live

The award-winning Pensions Aspects Live is aimed at pensions professionals and those working in aligned business areas. The event complements our member magazine, Pensions Aspects, and draws on the current issues and challenges facing employee benefit consultants, administrators, trustees, lawyers and members.

 

  • icon

    Fees in-person

    Free for members*
    £360 for Affiliate and Corporate members
    £720 for non-members

    *Includes Student, VQ Student, Cert, DIP, Associate and Fellow members only
  • icon

    6 hours

    of CPD
  • icon

    Fees virtual

    Free for all member types
    Free for non-members
  • icon

    10+

    speakers
  • icon

    Hybrid event

Event Details

THE BASICS

Topics of discussion:
  • Political and economic developments 
  • Innovations in Pensions
  • Where next for CDC?
Who should attend:
  • Pension Scheme Managers
  • Trustees
  • Administrators
  • Policy advisers
  • Consultants
  • Lawyers
  • Corporate IFAs
  • Investment managers
  • Actuaries
  • Communication professionals
The venue

Allen & Overy, One Bishops Square, London E1 6AD, United Kingdom

Allenovery One Bishops Square
  • Liverpool Street Station
  • Shoreditch High Street Station
  • Aldgate East Station
  • Aldgate Station

Agenda

09:00 – 09:30
Registration
09:30 – 09:45
Welcome address
Gareth Tancred
Gareth Tancred
Pensions Management Institute
CEO
09:45 – 10:15
Moving Pensions Forward – Delivering for Everyday People
Steve Webb
Steve Webb
LCP
Partner

Steve Webb will be looking at ‘where we are’ as an industry and putting forward his vision for the future. His session will cover policy related to both state and private pension provisions and will consider the whole retirement journey and ideal outcomes for ‘everyday people’. He will examine what the industry is already doing right and what more needs to be done.

10:15 – 10:45
TCFD: quite a journey, but not yet the destination
Jessica Kerslake
Jessica Kerslake
Allen & Overy
Partner

‘Second wave’ schemes will need to spend considerable time and energy this year preparing for compliance with the new TCFD governance and reporting requirements from 1 October 2022. What can they learn from the journey so far for first wave schemes? And where are we heading next? With effective system of governance (ESOG) requirements and increased sustainability reporting on the horizon, we will examine how much further there is to go on the sustainability journey for UK pension schemes.

10:45 – 11:05
Refreshment and networking break
11:05 – 11:40
How gold increases robustness, resilience and protection within diversified portfolios
John Reade
John Reade
World Gold Council
Chief Market Strategist

Pensions funds are tasked with building back better and positioning their portfolios against a backdrop of low interest rates and potentially a new inflationary era. Join us for a lively discussion on gold’s role as an effective portfolio diversifier and how it can help contribute to the overall health of a portfolio; reducing volatility, increasing liquidity and enhancing risk-adjusted returns.

11:40 – 12:15
Are you [Data] ready?
Maurice Titley
Maurice Titley
ITM
Chief Innovation Officer

Change is inevitable, and the world of pensions is approaching what is likely to be one of the biggest periods of change!

With pensions dashboards steaming ahead, GMP equalisation ramping up and scheme consolidations and buy-outs closing in, for almost all schemes, there’s something just around the corner. You can make life easier by being prepared. Whatever you’re doing, data is the golden thread that runs through everything.

12:15 – 13:00
Getting the best value from consolidation
Tina Oversby
Tina Oversby
Go Pensions
Director of Go Pensions and head of Master Trust and Consolidation Consulting
Helen Ball
Helen Ball
Sackers
Partner
Louise Sivyer
Louise Sivyer
The Pensions Regulator
Interim Head of Policy

The Government is pushing for consolidation of small DC Schemes into master trusts. But are master trusts a good fit for small schemes? And what should Trustees and Sponsors watch out for?

In this session Tina Oversby from Go Pensions will explore the options for small schemes, explode some myths and share some insights from Go Pensions’ annual DC master trust survey.

Joined by a panel of industry experts, we will discuss the perceived barriers to consolidation for small schemes and how Trustees and Sponsors can unlock the value for members in master trusts.

13:00 – 14:00
Lunch
14:00 – 14:35
Future of covenant
Matthew Harrison
Matthew Harrison
Cardano Advisory
Managing Director
Emily Goodridge
Emily Goodridge
Cardano Advisory
Director

The importance of covenant to DB schemes is widely recognised, but often the focus is on the rating itself rather than the “so what”. With the new Funding Code expected to bake covenant into the Fast Track requirements, trustees and corporates may be wondering if they need to do anything more than rating their covenant according to TPR’s 4-box scale every three years. This talk explores how thinking around covenant has evolved, and how it needs to evolve in the future as schemes mature. Practical examples will show how and where looking beyond the rating to the key elements of covenant support and risks will help you make better decisions for your DB scheme.

14:35 – 15:10
Navigating the Themes of 2022
Ajeet Manjrekar
Ajeet Manjrekar
River & Mercantile
co-Head

We preview the findings from our annual research in which we look at four major themes on 2022.  We will share some of the key findings and discuss each theme with a panel which will include independent trustees and third party evaluators.

15:10 – 15:30
Refreshment and networking break
15:30 – 16:00
Collaborating to improve pension support
Victoria East
Victoria East
WEALTH at work
National Business Development Manager

Historically there has been a divide in the provision of pension support with employers focussing on the accumulation phase and Trustees traditionally prioritising decumulation.
However, increasing numbers of employers and Trustees are now realising the benefits of working together to not only help engage scheme members with their pensions, but to also create good member outcomes for those approaching retirement.
This session will cover:

  • Why things have changed
  • The benefits of working together
  • The role of financial education and guidance in improving pension support
  • Case study – how to effectively collaborate to implement pension support
16:00 – 16:30
The Future of Board Intelligence
Paul Stark
Paul Stark
OnBoard
Director
Clare Kember
Clare Kember
Ross Trustees
Senior Trustee Manager

The need to futureproof Pension Boards is becoming increasingly important. The prospect of running long-term hybrid meetings is increasing, and Pension Boards, who need access to the latest insights and an effective means of communicating meeting outcomes, are facing increasing challenges. 

Key issues addressed: 

  • Why Board Intelligence matters 
  • The need to Future Proof Pension Boards 
  • What the Future of Pension Boards looks like 
16:30 – 17:00
Annual Lecture – Covid19 – How did it begin and how will it end?
Dr Chris Smith
Dr Chris Smith
University of Cambridge
Clinical Lecturer in Virology at Department of Pathology

Dr Chris Smith, renowned Virologist and Science Broadcaster, will be delivering a speech on ‘Covid-19: how did it begin, and how will it end?’. He will unpick the coronavirus story and answer your questions about the origins of the coronavirus pandemic, how the infection spreads and causes disease, the threats posed by viral variants, and how vaccines and other new treatments are helping us to fight back.

17:00 - 17:10
Concluding Remarks
Lesley Alexander
Lesley Alexander
Pensions Management Institute
President
17:10 – 18:00
Networking and drinks reception provided by Allen & Overy

Speakers

Hear from the experts

Gareth Tancred
Gareth Tancred
Pensions Management Institute
- CEO
Claire Lincoln
Claire Lincoln
World Gold Council
- Head of Institutional Sales EMEA

Claire joined The World Gold council in 2020 to head up distribution relationships across Europe. She has spent more than 13 years working in front office sales roles within financial services firms including Bloomberg, Credit Suisse and most recently The Bank of New York Mellon in London.

John Reade
John Reade
World Gold Council
- Chief Market Strategist

John Reade joined the World Gold Council in 2017 as Chief Market Strategist. He has more than 30 years’ experience in gold, working in mines, investment banks and hedge funds. He leads the research team and is a member of the World Gold Councils’ executive committee.

Victoria East
Victoria East
WEALTH at work
- National Business Development Manager

Victoria has over 13 years’ experience in the financial services industry and has a diploma in Regulated Financial Planning. She joined WEALTH at work in 2016 as a presenter, which involved delivering financial education to employees of organisations on topics from debt and money management through to pensions and retirement. She has since taking on her current role within the company as a National Business Development Manager.

Tina Oversby
Tina Oversby
Go Pensions
- Director of Go Pensions and head of Master Trust and Consolidation Consulting

Tina is a Director of Go Pensions and head of Master Trust and Consolidation Consulting. Tina has a wealth of market knowledge and insight to support clients with their consolidation strategy and selection exercises as well as the practicalities of implementation and wind-up.

Before joining Go, Tina worked in a number of pensions and benefits management roles, most recently for a large natural resources organisation where she oversaw pensions, benefits and compensation for Europe, Australia and Asia. With over 20 years pensions experience, Tina has managed a wide variety of change projects across the whole spectrum of reward.

Dr Chris Smith
Dr Chris Smith
University of Cambridge
- Clinical Lecturer in Virology at Department of Pathology

Dr Chris Smith, who is a Cambridge University clinician, virologist and 'Naked Scientist', and has been an international trailblazer in the field of public understanding of science and medicine for over two decades.

As a medical student he laid the foundations for what has become one of the world's most successful science podcasts and radio shows. With more than 120 million episodes of his 'Naked Scientists' programmes downloaded by audiences worldwide, Chris is a formidable ambassador for science, technology and medicine.

During the Covid-19 pandemic and alongside his regular work, Chris has been a prominent voice across international media as the outbreak has unfolded. Appearing regularly on BBC Breakfast television, the News Channel, Radio 4's PM and World Tonight programmes, and Jeremy Vine's Radio 2 and TV shows, he has spoken to millions.

He has contributed clear, reassuring messages and advice about the pandemic and the effect it is having on people's lives. Chris has also published 4 popular science books internationally and won over 20 academic prizes for his work in medicine and 10 awards for communicating science, including the Royal Society's 2008 Kohn Medal.

Steve Webb
Steve Webb
LCP
- Partner

Steve Webb was Minister of State for Pensions between 2010 and 2015. During that time he implemented major reforms to the state pension system, oversaw the successful introduction of automatic enrolment and played a key role in the new pension freedoms.

Steve was a Liberal Democrat MP from 1997 to 2015. Before this he was professor of social policy at Bath University, having previously worked as an economist at the Institute for Fiscal Studies. He was awarded a knighthood in 2017.

Following his time in Parliament he worked for Royal London before joining LCP as a partner in 2020.

Helen Ball
Helen Ball
Sackers
- Partners

Helen is a partner at Sackers advising trustees, employers and providers on all aspects of pensions law. She has a particular interest in new legislation, regulatory and policy development. As head of Defined Contribution, she has been involved in some of the most innovative work completed by the firm over the last few years.

Helen acts for a number of master trusts and is an expert on their particular design and governance issues. She monitors developments in defined contribution matters closely and liaises directly with TPR and the DWP on areas of concern to our clients, such as the master trust supervision regime and how it will work in practice.

Ajeet Manjrekar
Ajeet Manjrekar
River & Mercantile
- co-Head

Ajeet focuses on working with trustees to understand their specific investment and governance needs in order to design innovative solutions to achieve their funding objectives.
As a qualified actuary with extensive experience in both investment consulting and asset management, Ajeet is part of the senior management team with responsibility for the quality and evolution of our client-driven services.
He re-joined R&M’s Solutions business in 2016 having spent some years in Deutsche Bank’s asset management businesses. Prior to that, he was a lead investment consultant advising several of our defined benefit and defined contribution clients.
Ajeet has a degree in Mathematics from Warwick University.

Louise Sivyer
Louise Sivyer
The Pensions Regulator
- Interim Head of Policy

Louise Sivyer is a policy manager in TPR’s Regulatory Policy Directorate. Louise joined the Regulator in 2007, and has worked in both policy and operational teams, across issues relating to both DB and DC.

Louise manages the team responsible for developing policy relating to the Governance and Administration of trust-based pension schemes. This includes the ‘21st Century Trustee’ initiative and the regulation of DC schemes. She previously led on the development of the (2016) DC Code of Practice.

Before joining the Regulator, Louise spent 12 years working in the pensions industry in technical roles ranging across the pension mis-selling review, third party pension administration, and TPAS (The Pensions Advisory Service).

Maurice Titley
Maurice Titley
ITM
- Chief Innovation Officer

Maurice ensures ITM are constantly innovating and creating propositions which meet the evolving needs of our clients.

His role involves a deep understanding of technology, financial services regulation and industry developments so we can continually focus on solutions to support industry challenges. He is also responsible for our thought leadership in the pensions industry on all areas related to data, and is a regular speaker at pensions industry events.

Maurice enjoys close working relationships with our clients, including major UK pension schemes and insurers.

He has worked in financial services specialising in corporate pensions throughout his career, including senior roles at Watson Wyatt and Punter Southall.

Matthew Harrison
Matthew Harrison
Cardano Advisory
- Managing Director

Matt is a Managing Director of Cardano Advisory. He is a Chartered Accountant and is qualified to act as an insolvency practitioner. Matt advises schemes with multinational listed sponsors as well as those which are reliant on privately owned UK businesses.

He has extensive experience in advising pension trustees with respect to corporate transactions and scheme funding matters.

Matt works with some of Cardano’s largest and most complex pension scheme clients and leads the firm’s offering to trustee clients.

Emily Goodridge
Emily Goodridge
Cardano Advisory
- Director

Emily is a Director at Cardano Advisory having joined in early 2017 from AlixPartners. With over nine years of experience advising on employer covenant and related matters, she has wide ranging experience of covenant issues including corporate transactions, restructuring, scheme mergers, apportionments, asset-backed contributions, long term funding arrangements, integrated risk management and PPF certification.

Emily’s existing clients include multiemployer schemes, those with challenging structural or commercial issues to consider and those where the Pensions Regulator is proactively engaged, as well as more traditional scheme funding negotiations and covenant monitoring.

Emily is a qualified Chartered Accountant (ICAEW) with a background in audit, corporate finance and restructuring. She is part of the Cardano Advisory / Cardano Integrated Risk Management task force and the Gender Inclusion Initiative, as well as the Client Relationships and Services team within Cardano Advisory.

Paul Stark
Paul Stark
OnBoard
- Director

Paul Stark is a director at OnBoard having joined five years ago to spearhead the international expansion; he currently leads the EMEA and APAC teams. With 15 years of experience in the board portal sector, Paul has witnessed and influenced the evolution of board portals over this time and constantly strives to improve how OnBoard supports high-performing boards.

Clare Kember
Clare Kember
Ross Trustees
- Senior Trustee Manager

Clare is the Senior Trustee Manager at Ross Trustees, providing pensions manager, secretariat and executive Trustee support to wide variety of schemes.

Clare sits on a number of trustee sub-committees at Ross Trustees; she is also responsible for co-ordinating Ross Trustees compliance and regulatory submissions across the whole of their portfolio. Clare is also secretary to Ross Trustees internal Audit & Governance Committee.

Lesley Alexander
Lesley Alexander
Pensions Management Institute
- President

Lesley has over 20 years’ experience in the pensions industry and is the acting President at the PMI, having previously served as Vice President. She is also currently a Director with ZenZero Consulting, a firm specialising in strategic solutions for UK pension schemes, and was previously Partner and Managing Director at Ferrier Pearce, as well as CEO of the HSBC Bank Pension Trust.

Jessica Kerslake
Jessica Kerslake
Allen & Overy
- Partner

Jessica advises trustees and employers of some of the largest UK pension funds on a wide range of contentious and non-contentious pensions issues, including legislative and regulatory compliance, member disputes, funding issues, liability management projects and benefit re-design. Clients value her hands-on approach and ability to communicate technical pension’s issues in a clear and simple way.

Thank you to our sponsors and insight partners for their continued support

World Gold Council
World Gold Council
- Gold Sponsor

The World Gold Council is the market development organisation for the gold industry. Its role is to stimulate and sustain demand for gold, provide industry leadership and be the global authority on the gold market. The membership of the World Gold Council includes the leading and most forward-thinking gold mining companies. The World Gold Council promote gold as a mainstream asset class by enhancing institutional and retail investor understanding of gold as part of a balanced portfolio. It supports clear and consistent global standard setting on all issues including ESG to reinforce integrity, transparency and trust across the value chain and strives to develop a fair, effective and accessible gold market by engaging global governments and policy makers.

WEALTH at work
WEALTH at work
- Silver sponsor

WEALTH at work is a specialist provider of financial education and guidance in the workplace supported by regulated financial advice for individuals. WEALTH at work help employees understand how to maximise their workplace savings and benefits in the context of their overall financial position, by delivering financial education and guidance which is tailored to their needs. This involves segmenting the workforce into different cohorts to enhance employee engagement.

OnBoard
OnBoard
- Silver sponsor
Allen & Overy
Allen & Overy
- Host

The A&O pensions team operates at the top of the market and is one of the largest in the City. We work extensively with both trustees and companies so that we understand both points of view. Our core trustee-side practice advises a number of the UK’s largest pension schemes and we also act for employers on significant pensions change projects. As a team, we are committed to delivering pragmatic and commercial advice. As a full service law firm, we can provide the best-in-class legal services in all the fields that a pension scheme requires. Critically, our expertise in areas outside pensions law is not a limited bolt-on, but is delivered by market-leading practitioners who bring industry know-how and commercial nuance to our pension scheme clients.

Cardano Advisory
Cardano Advisory
- Insight partner

Lincoln Pensions is the multi-award winning covenant and related services advisory business of The Cardano Group, the purpose-built investment and risk specialist. Since 2008, Lincoln Pensions has helped clients to understand, monitor, and protect sponsor covenant and integrate it alongside other risks. 

Go Pensions
Go Pensions
- Sponsor

Go Pensions Ltd is an independent consultancy specialising in helping sponsors and trustees review, source, change and manage pensions services that best meet their business needs.