Pensions Investment Forum 2026

This keynote will set the scene for the forum by exploring how effective investment stewardship can support better long-term outcomes in a period of structural change. It will look at the evolving responsibilities of pension schemes, the balance between risk and opportunity, and what good stewardship looks like in practice as markets, regulation and member expectations continue to shift.

As defined contribution (DC) consolidation gathers pace, scale is increasingly seen as a route to better outcomes. This session will examine how megafunds are developing, what scale really enables in practice, and the governance, operational and investment considerations trustees need to understand when assessing whether size is delivering value for members.

Private markets continue to attract attention as a potential source of diversification and long-term return. This session will explore practical approaches to accessing private markets within pension schemes, how transparency and cost considerations are evolving, and how trustees can assess whether these investments are genuinely delivering value for members.

Refreshments and a chance to exchange insights with peers.

Traditional approaches to risk are being tested by persistent volatility, geopolitical change and long-term structural trends. This session will consider how trustees can rethink risk frameworks, strengthen resilience and make informed decisions that balance short-term pressures with long-term investment objectives.

This interactive breakout session will focus on how scenario planning can help trustees test the robustness of their investment strategy. Delegates will explore different economic and market scenarios, consider potential impacts on funding and outcomes, and discuss how scenario analysis can support better decision-making.

Clear oversight of costs and charges is central to good governance and member value. This masterclass will provide trustees with a practical overview of different types of investment costs, how they arise, and how to assess whether they are reasonable and transparent in the context of overall outcomes.

Take a break to enjoy lunch and continue conversations from the morning.

Environmental, social and governance (ESG) considerations are now a core part of many investment strategies. This session will move beyond policy statements to focus on practical implementation, exploring how schemes are embedding ESG factors into decision-making, monitoring progress and aligning long-term sustainability goals with fiduciary duties.

Strong relationships with asset managers are critical to delivering on investment objectives. This session will look at what effective engagement looks like, the questions trustees should be asking, and how to hold managers to account on performance, stewardship and alignment with scheme objectives.

Investment communications can be complex, but clear communication plays an important role in building member understanding and confidence. This session will explore realistic approaches to explaining investment strategy and outcomes, and how schemes can support engagement without oversimplifying or overwhelming members.

Refreshments and a chance to exchange insights with peers.

Fixed income is evolving as interest rate environments and market dynamics change. This session will examine the role of fixed income in modern portfolios, how defensive allocations are being rethought, and what trustees should consider when reviewing the objectives and structure of their fixed income holdings.

This panel discussion will bring together industry perspectives on the skills and support trustees need to meet current and future challenges. Panellists will reflect on governance, training and strategic priorities, and consider how trustees can continue to build capability in an increasingly complex investment environment.

Our closing keynote will offer a forward-looking perspective to end the forum, encouraging delegates to reflect on the themes of the day and the opportunities ahead. It will focus on confidence, leadership and the role pension professionals play in shaping positive long-term outcomes for members and the wider system.

An informal reception to close the day, with the chance to connect with peers, speakers and sponsors over drinks.