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Agenda

Presentations:
The need for a data improvement plan - Clair Alcock, Firefighters’ Pension Adviser, LGA
Data rectification - an employer’s approach - Shaun Bigg, Program Manager, ITM and Adam Howell, Head of Data Improvement, Cabinet Office
Not only GDPR...but also - Rosalind Connor, Partner, ARC
Data Management Strategy in Action - Matt Dodds and Colin Hamilton, Directors, ITM
Using new data for mortality management - Andrew Gething, Founder and Managing Director, Morgan Ash
Adapting benefit provision for the new world - Clive Pothecary, Pensions Operations Manager, EDF Energy
Update by The Pensions Regulator - Lucy Stone, Policy Lead, The Pensions Regulator



8:30 - 9:00 Guest registration


9:00 - 9:05 Chair’s welcome and opening remarks
Margaret Snowdon, OBE


9:05 - 9:30 Update by The Pensions Regulator
Lucy Stone, Policy Lead, The Pensions Regulator
In this session The Pensions Regulator will outline its views on the changes and challenges ahead in the world of pension data, set out its expectations for trustees and scheme managers and provide an update on TPR’s work in promoting good administration in pension schemes.


9:30 - 9:55 Data rectification – an employer’s approach
Adam Howell, Head of Data Improvement, Cabinet Office
Shaun Bigg, Program Manager, ITM
The Cabinet Office’s approach to managing data improvement for the Civil Service Pension Scheme and the necessity of technology and process to streamline a highly distributed approach to member cleanse whilst maintaining control and integrity of the data and data sources involved.


9:55 - 10:20 Not only GDPR…but also
Rosalind Connor, Partner, ARC
This session looks at GDPR and how it changes (or doesn’t) legal obligations of pension schemes and their employers. It poses the questions, what does this mean for the management of pension data and, what does the future hold for data protection in the post-Brexit world. The session also looks wider than GDPR at the legal issues relating to data and data accuracy, and in particular at the risks and challenges of complying with trustee obligations where scheme data is inaccurate.


10:20 - 10:45 Using new data for mortality management
Andrew Gething, Founder and Managing Director, Morgan Ash
Traditionally, DB schemes have managed mortality risk using the minimum amount of data. Now far more data is becoming available, how are schemes using this data to improve mortality risk management? Andrew’s session will reveal several case studies of how using new data sources valuations have been amended by significant amounts, materially changing valuations.


10:45 - 11:05 Coffee break


11:05 - 11:30 Adapting benefit provision for the new world
Clive Pothecary, Pensions Operations Manager, EDF Energy
This presentation will take a look at how EDF Energy dealt with its growing pension problem. It will briefly cover how they redesigned the benefit structures of their pension schemes in order to maintain their affordability in the medium to long term and then focus on the implementation part of the project and how understanding and controlling data is key to success.


11:30 - 11:55 The need for a data improvement plan
Clair Alcock, Firefighters’ Pension Adviser, LGA
Clair’s session will look at the challenges in creating a data improvement plan and debate why they are necessary now. The session will examine why ‘data improvement plans’ has become the new buzzword for 2018, and look to provide practical tips on how schemes / funds can be prepared.


11:55 - 12:25 Old Meets New – looking at the challenges of old world data and practices colliding with the requirements of new world data and efficiency
Matt Dodds, Director, ITM
Colin Hamilton, Director, ITM
Matt will review the key issues raised during the morning’s sessions and look at the innovations in software and data management services that can help to solve these issues. Colin will then consider how the discussion around data requirements have moved on from what we would consider as traditional pensions data, and how broadening our scope and horizons will help meet current requirements as well as setting our companies up for future success.


12:25 - 12:50 Questions and panel discussion - chaired by Margaret Snowdon
Andrew Gething, Founder & Managing Director, MorganAsh
Adam Howell, Head of Data Improvement, Cabinet Office
Lucy Stone, Policy Lead, The Pensions Regulator
Maurice Titley, Director, ITM


12:50 - 13:00 Chair’s closing comments


13:00 onwards Complimentary lunch and networking