Downloadable speaker presentations:
Problem? What problem? - Carl Hitchman, Head of Fiduciary Management Advisory, Stamford Associates
DECONSTRUCTED: Pension Administration Transitions - Girish Menezes, Head of Administration, Premier
Infrastructure Equity: Where are the opportunities? - Bronte Somes, Head of Infrastructure Equity Europe, Managing Director, UBS
More presentations will be uploaded shortly.
08:30 – 08:55: Registration and refreshments
08:55 – 09:00: Chairman’s welcome
Roger Cobley, Chairman, Stamford Associates
09:00 – 09:25: KEYNOTE SPEAKER: Update from The Pensions Regulator
Fred Berry, Lead Investment Consultant, The Pensions Regulator
Synopsis: Fred Berry is lead investment consultant at the Pensions Regulator. He supports the regulator’s activities across defined benefit and defined contribution pension schemes and in this session, Fred will offer an update on a number of key themes TPR is currently focusing on.
09:25 – 09:50: How active are you?
Mike Rogers, Partner, AIS Head of Large Clients, Aon
Synopsis: Are you active? We’re not just talking whether you use active equities to generate a little extra return. To maximise returns you need to be active across your entire investment set. What is your approach to actively negotiating fees? Do you take active asset allocation decision? How about ESG, risk management and operational due diligence. What does it mean to be active in these areas? We look at how you can be more active across the board and how this might help you drive better returns. Get active and join us.
09:50 – 10:15: Risk made simple
Bob Campion, Senior Portfolio Manager, Charles Stanley
Synopsis: Getting to grips with investment risk is one of the biggest challenges for any pension scheme. But it need not be a headache. Using simple concepts and analogies everyone can get comfortable with the mathematics of investing.
10:15 – 10:40: Managing Volatility in a Changing Environment
Tristan Hanson, Fund Manager, M&G
Synopsis: Institutional investors are increasingly concerned about the short term. Changing regulations, the experience of the financial crisis, and increasing intermediation are making management of drawdown and volatility measures a far greater focus than they have been in the past. An environment of declining interest rates has made these goals achievable, without sacrificing return, for much of the period since the financial crisis. However, with signs that this favourable trend may be shifting, strategies with an absolute return focus will have to show that they can achieve attractive returns with less volatility using less traditional means. In this presentation, Tristan Hanson will discuss the M&G Multi Asset team’s approach to generating returns, including the use of behavioural opportunities and dynamic asset allocation to negotiate a changing environment. Tristan will discuss his current outlook on markets, the opportunities for return available today, and the role of portfolio construction in the period ahead.
10:40 – 11:05: The Evolution of Fiduciary Management
Tim Banks, Principal, Mercer
Synopsis: Fiduciary Management has undergone a dramatic evolution over the last five years, growing into a diverse set of capabilities, and harnessing innovation to solve real client needs. Tim Banks, sales leader for Mercer’s Fiduciary Management business in the UK, will provide an update on latest developments, how fiduciary services have changed in response to a shifting market context and developing client expectations, and what we might expect to see in the future.
11:05 – 11:25: Coffee break
11:25 – 11:50: Problem? What problem?
Carl Hitchman, Head of Fiduciary Management Advisory, Stamford Associates
Synopsis: There is a seemingly never ending stream of negative headlines about the finances of defined benefit pension schemes, whether this arises as a result of a corporate failure, increasing deficits (yet again) or concerns over the investment outlook. The recent DWP White Paper and ongoing review of investment consultants by the CMA has only added to the debate on the future direction of our industry. However, what is the reality of the situation? In this talk, Carl Hitchman draws on all these issues to provide a different perspective on pension scheme funding, the investment behaviours created by current pensions legislation and how he believes matters can be moved forward in a manner that gives greater confidence to members, trustees and scheme sponsors in addressing the challenge of delivering the member benefit promises.
11:50 – 12:15: ESG – A CIO perspective
Stephen Pearson, CIO, Jupiter Asset Management
Synopsis: ESG can mean slightly different things to different people. Gone are the days when it just referred to “green investment strategies” based on filters. Now it has a much wider context and can be interpreted in a variety of ways. Stephen Pearson, Jupiter’s Chief Investment Officer will explain what ESG means at Jupiter, how it is implemented in different investment strategies and why it is such an important area to us and our clients.
12:15 – 12:40: Infrastructure Equity: Where are the opportunities?
Bronte Somes, Head of Infrastructure Equity EMEA, UBS Asset Management
Synopsis: As Defined Benefit schemes mature, de–risking is becoming ever more the focus. The question then arises of where to re–allocate to without compromising on schemes’ ongoing objectives. Bronte will discuss infrastructure equity in this context and where the market is in the investment cycle for the asset class. The session will focus on investing in infrastructure for the long–term and discuss the benefits of an income–oriented approach as a foundation for long–term investors seeking stable and recurring cash–yield.
12:40 – 13:05: DECONSTRUCTED: Pension Administration Transitions
Girish Menezes, Head of Administration, Premier
Synopsis: Girish Menezes has spent over twenty years transitioning services from in–house to outsourced providers. He’s had experience of large scale off–shoring projects, provider consolidation and everything in–between. In this session he’ll deconstruct the process and identify the five key risks that all transitions face, regardless of size and complexity. If you’re involved in, or even considering a transition, this session will give you some valuable insight into the process and the pitfalls.
13:05 – 14:00 Lunch
14:00 – 14:30: Engaging with consumers today and in the future
Nigel Ferrier, Executive Chairman, Ferrier Pearce
Synopsis: This session will look at how consumer marketers engage with consumers and the lessons that could be learnt by pension schemes and employers. It will look at the current technology that is not being adopted by pension schemes as well as looking forward. Current technology already uses voice technology across multiple platforms but what would the next five years look like? So how will we change behaviours and the dynamics of pensions encouraging consumers to make the right decisions about long–term life savings.
14:30 – 15:00: KEYNOTE SPEAKER: The life of a CIO
Mark Hedges, Chief Investment Officer, Nationwide Pension Fund
Synopsis: This session will cover some of the following areas:
• Investment seems easy – objectives, aims and managing money
• Stuck in the middle – Stakeholder management
• Tales of the unexpected – risk issues aren’t what you expect
• I’m not superman – wondering how to deal with ESG and Climate risk
15:00 – 15.30: Legal round-up
Matthew Swynnerton, Partner, DLA Piper
Synopsis: Matthew Swynnerton will offer delegates an overview of some of the key legal developments to take place in recent months that pension schemes should be aware of.
15:30 – 15:40: Close of conference: Chairman’s round–up, Apple Watch draw and distribution of M&S vouchers followed by drinks reception