Programme List - Pensions and Benefits UK 2018
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Programme

08:45
Registration opens 

Delegates register and browse exhibition stands

09:30 - 09:40
Chairman’s introduction and welcome

Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

09:40 - 10:05
Opening keynote address: Guy Opperman, Parliamentary Under-Secretary, Department for Work and Pensions

KING GEORGE

10:10 - 10:35
KEYNOTE: Jack Dromey MP, Shadow Minister for Pensions

KING GEORGE

10:35 - 10:45
10 minutes to move between rooms
10:45 - 11:30
KEYNOTE PANEL: Women in pensions

In the current climate diversity has never been more important and although diversity on Trustee boards and investment committees has been a growing topic of concern over the last few years PBUK 2018 wants to focus on women in pensions. Why pick gender over other types of diversity? Women are a minority in the financial sector across global markets, making them the “universal diversifier.” This panel will explore the barriers for women in pensions, encouraging confidence in the women in your industry and what the industry can do to ensure a diverse future.

Margaret Snowdon, Chairman, PASA
Andrew Warwick Thompson, CEO, LGPS Central
Joanna Matthews, Chairwoman of Royal Mail Pension Trustees and Client Director at Capital Cranfield
Lesley Carline, Vice President, Pensions Management Institute

KING GEORGE

KEYNOTE PANEL: Employee Benefits - Let’s get personal!

The best employers are now going beyond one-size-fits-all packages offering highly personalised benefits, tailored to the individual needs and situations of their staff. The desire of employers to understand their staff, bolstered by legislative changes have forced firms to be more efficient in handling employee data. Benefits packages need to be constantly flexible to catch up with the changes to work that have occurred in recent decades such as the rise in flexible and remote-working. This panel of experts will discuss the future of employee benefits; how to structure a package to reflect company culture and values, boost morale, attract talent and retain staff.

Neil Goodwin, Reward Director, Countrywide Plc
Amy Goodwin, Head of Reward & Wellbeing, Mundipharma
Jim Cowan, Head of Benefits, RBS

Chair: Joanna Bean, Head of People, Thomson Online Benefits

QUEEN CHARLOTTE

11:30 - 12:00
Refreshments and networking break

PORTER TUN EXHIBITION HALL

12:00 - 12:30
OPENING KEYNOTE: Shifts in monetary policy

Central banks are beginning the long and winding road towards tighter monetary policy and interest rate normalisation. The big questions for investors are how long will it take central banks to unwind their balance sheets, will there be a smooth reversal, and how would a rapid unwinding impact markets?

Marian Bell, Consultant Economist

Creating a savings culture and empowering your employees

The session will involve a review of key behavioural biases relevant at different stages of the pensions journey, case studies of effective trials to support consumers in making the best decision for themselves and finally, a discussion on the next frontiers for BI & pensions.

Aisling Ní Chonaire, Lead Research Advisor, The Behavioural Insights Team

QUEEN CHARLOTTE

Stream 1 - DB Schemes

KING GEORGE
12:40 - 13:10
CMA Review

Is investment consultancy too powerful and uncompetitive? The Financial Conduct Authority's referral of investment consultants and fiduciary managers for investigation by the Competition and Markets Authority (CMA) in September 2017 due to its concerns that a small group of advisers dominate the market, and investment consultants act as advisers but also as fiduciary managers. The CMA is due to publish the provisional decision from its investigation in July 2018 and the director of the case will update us on its findings so far.

Alison Gold, Project Director, CMA

13:10 - 14:10
Lunch and networking break

PORTER TUN EXHIBITION HALL

14:10 - 14:40
Partner insight session - The next derisking innovation?

Longevity hedges have long been considered a hurdle to doing a bulk annuity, but nearly 10 years on from the first longevity swap recent breakthroughs in opening up to smaller schemes show the market is undergoing its next innovation. This session will discuss whether longevity swaps are a barrier to entering the bulk annuity market and the process of unwinding a swap.

Uzma Nazir, Head of Origination Structuring, PIC

14:45- 15:15
Partner insight session - Does Group Risk help in pensions de-risking?

Many DB pension schemes provide for ill-health retirees in their scheme rules, and many more grant ill-health pensions at the discretion of trustees. Group Income Protection (GIP) is increasingly used to support these commitments, without GIP ill-health retirement can put unplanned financial strain on DB pension schemes, and deciding entitlement can be uncomfortable for trustees because of the risk of inconsistency in making incapacity decisions. GIP transfers ill-health retirement risk away from the pension scheme, and supports objectives for all key pension stakeholders.
This session will discusses historic and projected growth in the use of GIP in pensions risk management, and situations in which GIP is an especially attractive solution and evidence case studies from a range of industries and pension schemes where GIP has been used as the solution.

Bill Mansfield, Head of Market Insight & Trustee, Unum

15:20 - 15:50
PANEL: Outlook for longevity

Never before has life expectancy been so uncertain to predict creating what some are calling a ‘longevity fog.' Life expectancy could now be falling in parts of the UK as future drivers of life expectancy become more uncertain. Innovations in technology are likely to have a huge impact on future mortality models but when or how big the impact will be is still unknown. This panel will look at the outlook for longevity, how it is likely to improve in the future, the key factors affecting changes in longevity and how this affects scheme liabilities.

Frank Oldham, Independent Trustee, ITS Limited
Tim Gordon, Partner, Aon
Martin Clarke, Government Actuary, Government Actuary's Department
Chair: Victoria Ticha, Correspondent, Professional Pensions

15:50 - 16:15
Refreshments and networking

PORTER TUN EXHIBITION HALL

16:15 - 16:45
Partner insight session - DB Consolidation - What will the future be?

This will be a discussion session to explore the topics of DB Consolidation. We will consider why the existing DB landscape may be ripe for consolidation and whether this is an area Trustees and Corporate Sponsors should be looking at now. We will also look at the current ideas in the market and the challenges that they bring.

Gareth Strange, Senior Director, Willis Towers Watson
Dave Roberts, Director, Willis Towers Watson

16:50 - 17:20
CLOSING KEYNOTE: The Pensions Ombudsman

KING GEORGE

17:20 - 17:25
Chairman’s closing remarks - close of conference content day 1

Stephanie Baxter, Deputy Editor, Professional Pensions

17:25 - 18:15
Networking Drinks Reception

 

Stream 2 - DC Schemes

QUEEN CHARLOTTE
12:40 - 13:10
Partner insight session - When can safe investments be risky for DC members?
  • What are DC savers typically invested in before retirement and how benefits are taken at retirement
  • What happens when people invest in cash throughout (aka ISA)
  • Pushing member investment choice too hard can be detrimental - learning from the US experience is key (i.e. defaults are not a bad thing)
  • Fixed income has traditionally been used to "de-risk" investments but in the world of Freedom & Choice they may actually be risky!
Chris Inman, Investment Principal, Aon
13:10 - 14:10
Lunch and networking break

PORTER TUN EXHIBITION HALL

14:10 - 14:40
DC Investment panel

UK occupational pension assets grew 16.9 per cent over 2017 but concerning trends in saver attitudes suggest market returns may be masking fundamental problems. However, there is disparity between long and short-term trends largely due to the distorting effect of recent market returns. Given the extent to which defined contribution schemes are already invested in growth assets, is there much room for further investment? The lack of value in certain strands of fixed income speaks for a greater equity allocation however Trustees are yet to see the switch from bonds to equities at scheme level. This panel will discuss the best options for DC schemes.

Clive Gilchrist, Deputy Chairman, BESTrustees
Naomi Clark, Head of DC Product, USSIM

14:45- 15:15
Partner insight sesison -Is ESG right for DC?

Pension schemes are increasingly focusing on ESG issues as a way of managing long-term financial risks in their members' investments, rather than simply as ethical investing. This session considers how to include ESG factors in investment strategies as well as the impact on investment performance and in changing the behaviour of the companies we invest in. We also discuss how ESG investing can be used to help engage members with their DC savings.

Ana Harris, Managing Director, State Street Global Advisors
Maiyuresh Rajah, Senior Investment Strategist, State Street Global Advisors

15:20 - 15:50
Partner insight session - When life gets blurry, adjust your focus..

We all know pension freedoms come with opportunity, choice, risk and complexity. Against a backdrop of poor consumer understanding and scams; mistakes are easy to make, expensive and typically irreversible. In this session we explore some of the key member risks and look at what affordable advice can deliver beyond guidance, defaults and existing member communications.

Andrew Pennie, Marketing Director, Intelligent Pensions

15:50 - 16:15
Refreshments and networking

PORTER TUN EXHIBITION HALL

16:15 - 16:45
PANEL: Should CDC be back on the table?

The debate on collective defined contribution (CDC) is still very much back on the table in the UK. The Work and Pensions Committee (WPC) launched a new inquiry into the merits of this idea last year as while these structures are commonplace in the Netherlands, Canada and Denmark, they continue to divide opinion in the UK pensions sector. CDC covers a range of different possible benefit structures, and includes variations where there is some form of promise or guarantee on part of a final income. This panel will consider if CDC is a suitable solution as an alternative middle ground solution to pure DC and DB, notably the focus it places on income and leading to less volatility in the outcome.

David Pitt-Watson, Executive Fellow, London Business School
Terry Pullinger, Deputy General Secretary (Postal), CWU
Tim Middleton, Technical Consultant, PMI

16:50 - 17:20
CLOSING KEYNOTE: The Pensions Ombudsman

KING GEORGE

17:20 - 17:25
Chairman’s closing remarks - close of conference content day 1

Stephanie Baxter, Deputy Editor, Professional Pensions

17:25 - 18:15
Networking Drinks Reception

Exhibition Zone

Stream 3 - Benefits & Reward

JAMES WATT
12:40 - 13:10
Partner insight session -Understanding how the ageing workforce will change attitudes towards retirement and demand changes in workforce planning

This session will share new research covering 500 companies which reveals:

  • The gap between aspirational retirement age and realistic retirement age.
  • Myth or reality: the effect older workers will have on productivity
  • How the ageing workforce impacts the business for each year of delayed retirement
  • What steps and tech we can use to tackle the problem and improve financial wellbeing around retirement

Phil Blows, Sales Director, Wealth Wizards

13:10 - 14:10
Lunch and networking break

PORTER TUN EXHIBITION HALL

14:10 - 14:40
Should employers reward employees for healthy habits and does it drive behaviour change?

While I'm sure every employer wants their employees to be healthy how does one go about achieving this objective? In a recent Britain's Healthiest Workplace study it was clear that healthy people are more productive and efficient. One of the key methods seen to drive this behaviour change is the rewarding of people who demonstrate the correct behaviours.

  • What is behavioural economics?
  • What are the key insights of Britain's Healthiest Workplace
  • What are the key elements of an employee engagement programme.
  • Does it pay to invest in Employee health

 

Greg Levine, Sales and Distribution Director, Vitality Health

14:45 - 15:15
Bridging the advice gap

In the Government's second Finance Bill 2017, a new income tax exemption to cover the first £500 worth of pensions advice provided to an employee was introduced. This will allow advice not only on pensions, but also on the general financial and tax issues relating to retirement for employees. This session will looks at the barriers around what an employer can say without tripping into advice and how these may be further clarified.

Peter Smith, Head of Distribution Engagement, TISA

15:20 - 15:50
Tackling gender pay reporting

April 5th 2018 was the deadline for the first ever compulsory gender pay gap reporting process for private sector organisations in the UK. The calculations and the reporting requirements were set out in the regulations over a year in advance and yet many still found the process challenging and struggled to meet the deadline. Aon have been running a number of discussions across the UK where some of the largest and best known employers have spoken openly about their primary learning points from year one together with their views on the core regulations and their hopes and expectations for the future. In this session, Aon will share some of the many insights and experiences that emerged from these discussions to help inform your own organisation as it approaches the reporting process for the second time.

Stuart Hyland, Associate Partner, Aon

15:50 - 16:15
Refreshments and networking

PORTER TUN EXHIBITION HALL

16:15 - 16:45
Rising AE contributions

Six years on from the launch of auto-enrolment in 2012, marks the final staging date for small and micro employers to enrol their staff into a workplace pension. The government's auto-enrolment policy has successfully enrolled a further nine million more people into occupational pensions with all employers legally required to comply with auto enrolment by 1 July 2018. From 6 April total minimum contributions to workplace pensions will rise to 5 per cent and then again to 8 per cent from 6 April 2019 onwards. This is going to have a massive impact on employers, particularly small employer who might cope with the additional cost of contributions by stopping or reducing salary increases. This session will look at the impact the increases might have on employers.

Charles Cotton, Performance and Reward Adviser, CIPD

16:50 - 17:20
CLOSING KEYNOTE: Simplifying the customer journey in leaps and bounds
Anthony Arter, The Pensions Ombudsman

KING GEORGE

17:20 - 17:25
Chairman’s closing remarks - close of conference content day 1

Stephanie Baxter, Deputy Editor, Professional Pensions

17:25 - 18:15
Networking Drinks Reception

Exhibition Zone

Stream 4 - Wellbeing

LOWER SUGAR ROOM
12:40 - 13:10
Partner insight session - Creative approaches to engage employees with their pensions

In this presentation, Francis will explore the topic of member engagement with a specific focus on creative approaches to engage employees with their pensions. Areas covered will include why member engagement matters, the four drivers of member engagement, a picture speaks a thousand words, and the importance of personalisation. Francis will share examples of innovative approaches to member engagement from organisations including LV= and Vodafone and will conclude by exploring the potential role of virtual reality technology in increasing engagement and pension communication effectiveness.

Francis Goss, Chief Comercial Officer, AHC

13:10 - 14:10
Lunch and networking break

PORTER TUN EXHIBITION HALL

14:10 -15:10
Workshop hour - How to measure the effectiveness of mental health strategies

Over 15 million working days were lost in 2016 due to mental health issues, according to research published by the Office for National Statistics (ONS) in March 2017. However, with mental health influenced by a broad range of factors, it is not easy to determine whether an improvement is due to an intervention or something completely different which makes measuring the return on investment for a mental health strategy difficult.

This workshop will discuss how data such as absence, turnover, productivity and benefits usage can give an indication of employee mental health and wellbeing. Also how Employers should offer as much choice as possible around mental health interventions and how best to consider different approaches for groups such as line managers or those in potentially traumatic situations.

Guest chairs: Saumya Barber, Proposition Development Manager, UNUM
Justin Jones, Professional Head of Physiology, Nuffield
Gareth Mullen, Head of Safety, Health and Wellbeing, Thames Water
Stephen Haynes, Programme Manager, Mates in Mind

15:20 - 15:50
Working carers and the ageing workforce

According to the Institute of Employment Studies there are currently 7.2m workers aged 50-64 and by 2020 one third of Britain's workforce will be aged over 50 which will place unique pressures on both employers and working carers. Too few employers are prepared for an increase among employees who will be working while caring as a result of the UK's ageing population. To meet the needs of an older working population, and more working carers, organisations such as The Health Insurance Group are advocating more flexibility in working practices and greater emphasis on creating a formal policy. However, caring is still a relatively hidden issue in many workplaces so this session will explore the benefits of addressing this agenda, both for working people and their employers, and how good practice can be more widely promoted and implemented.

Katherine Wilson, Head of Employers of Carers, Carers UK 

15:50 - 16:15
Refreshments and networking

PORTER TUN EXHIBITION HALL

16:15 - 16:45
CASE STUDY: Diversity in the workplace

Diversity has been a hot topic over last few years however the focus is often on gender, race and age. This session will focus on how employers can improve their inclusion, identifying potential barriers to inclusion within the culture of a company can be a significant challenge. Collaboration is needed internally to make sure your working environment is open to all.

Kieron O'Kelly, Member Engagement Manager, Employers Network for Equality & Inclusion

16:50 - 17:20
CLOSING KEYNOTE: The Pensions Ombudsman

KING GEORGE

17:20 - 17:25
Chairman’s closing remarks - close of conference content day 1

Stephanie Baxter, Deputy Editor, Professional Pensions

17:25 - 18:15
Networking Drinks Reception

Exhibition Zone

08:30
Registration opens

Delegates register and browse exhibition stands

09:15 - 09:20
Chairman’s introduction and welcome

Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

KING GEORGE

09:20 - 09:50
KEYNOTE: An update from The Pensions Regulator

Lesley Titcomb, Chief Executive, The Pensions Regulator

KING GEORGE

09:50- 10:00
10 minutes to move between rooms
10:00 - 10:45
KEYNOTE PANEL: Pension Prophets

Jennie Kreser, Partner, Laytons LLP
Roger Mattingly, Managing Director, PAN Trustees Limited
Robin Ellison, Consultant, Pinsent Masons & Professor of Pensions Law and Economics, Cass Business School
Chair: Malcolm McLean, Consultant, Barnett Waddingham

KING GEORGE

KEYNOTE How can employers reduce presenteeism?

New research from Fellowes, based on responses from 4,000 employees and 500 business leaders across Europe, demonstrates that ‘presenteeism' is one of the biggest threats to UK workplace productivity. While having staff members who are willing to come into work when they are unwell shows dedication this will not do any good for their health or wellbeing. It also begs a questions about the culture of your company? To tackle this growing problem, employers must start to implement a longer-term, more preventative approach to unhealthy working practices, rather than falling back on tactical ‘quick-fixes'.

Patrick Woodman, Head of Research, Chartered Management Institute

QUEEN CHARLOTTE

10:45 - 11:15
Refreshments and networking break

PORTER TUN EXHIBITION HALL

Stream 1 - DB Schemes

KING GEORGE
11:15 - 11:45
Partner insight session -How Fiduciary Management can add value in times of heightened uncertainty

In the years following the financial crisis of 2008, asset returns have generally been supportive of pension scheme funding levels. However, more recently, market conditions have been less favourable. In this presentation Nigel Down explores how fiduciary management, as a governance solution, can equip trustees with the right tools to navigate through uncertain times and reach their long term goals.

Nigel Down, Director of Relationship Management, SEI

11:50 - 12:20
Partner insight session - How to successfully navigate the risk settlement markets

With the best annuity prices seen since the Credit Crunch available to well-prepared schemes and longevity reinsurance gradually relocated to reflect current trends, 2018 looks set to be another bumper year for risk transfer deals.
This session will help decision makers understand how to identify the right course of action for their own scheme and the optimal route to access capacity in a busy and increasingly global market.

Martin Bird, Head of Risk Settlement, Aon

12:20 - 13:15
Lunch and networking break

PORTER TUN EXHIBITION HALL

13:15 - 13:45
DB Invstment Panel

Investor confidence in Europe rose by 16.0 points in January with each region showing growing appetite for risk. Global equities have seen the best start of a new year in three decades. Stocks are hitting all-time highs, earnings forecasts are rising, and positive earnings surprises have outweighed disappointments across global markets. However, after a year of stellar equity returns, inflation poses the greatest threat to markets. As the global expansion reaches its tenth year, investors are worried 2018 will prove to be a turning point for markets. This panel will discuss if the global economy can sustain momentum in 2018 and the implications for DB investments.

Ian McKnight, CIO, Royal Mail Pension Scheme
Colin Richardson, Director, PTL
Mike Jaffe, Director, Law Debenture

13:50 - 14:20
PANEL: LGPS pooling

The Local Government Pension Scheme (LGPS) Pooling initiative was finalised in April. In less than three years, more than 80 local authority funds with combined assets of more than £250bn as of October 2017 will have collaborated successfully to create substantial asset pools with the scale to deliver better returns on their investments, significant cost savings and, as a result, more sustainable long-term benefits for pension scheme members. This panel will share what their experience has been in pooling assets, what obstacles they have had to overcome, and what the opportunities are going forward? What lessons can be learned for other pension schemes?

Joanne Segars, Non-Executive Chair, LGPS
Dawn Turner, CEO, Brunel Pension Partnership Ltd
Mark Hyde Harrison, CEO, London CIV

14:25 - 14:55
Partner insight session - The Evolution of Fiduciary Management

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.

Tim Banks, Prinicpal, Mercer

15:00 - 15:30
Guest speaker: Huw Edwards, Journalist and Broadcaster, BBC News
15:30
Chair: Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

KING GEORGE

15:35
Chairman’s closing remarks and close of conference

Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

Stream 2 - DC Schemes

QUEEN CHARLOTTE
11:15 - 11:45
Partner insight session - Retiring with confidence

The way in which scheme members can access their pension benefits has not only emphasised the need to design an appropriate investment strategy, but also put pressure on the administration capabilities of many schemes to support them. The result is that often the two are misaligned, resulting in unintended consequences for DC savers. However, making small changes to the way we think about members' needs and utilising innovative investment techniques can enhance their overall outcome and support them to and through their retirement.

Andrew Connell, Head of Portfolio Solutions Group, Schroders

11:50 - 12:20
Partner insight sesion - Pension drawdown - using Big Data to get it right for members

Understanding pension scheme members is now more critical than ever, as plans move to redesign default funds, especially for drawdown. In this session hear what role Big Data can have in highlighting flawed assumptions around investor saving and spending behaviour, and how this can inform plan sponsor decision making as well as product design for default products in accumulation and drawdown.

Anne Lester, Managing Director, Head of Retirement Solutions, Global Investment Management Solutions, J.P. Morgan Asset Management

12:20 - 13:15
Lunch and networking break

PORTER TUN EXHIBITION HALL

13:15 - 13:45
PANEL: Auto Enrolment Review

The government announced in February of this year that Auto-enrolment (AE) has now brought on board its one millionth employer as the flagship programme reaches the end of its phased staging. Another 150,000 employers are due to come into the programme by June, with a total of more than 10 million employees predicted to benefit by the end of the year. With the AE review published last year the panel will discuss the recommendations.

  • Has auto-enrolment helped employees engage with their pensions?
  • How has the contribution increase from 2% to 5% from April 2018 affected employees, employers and providers?
  • What are the early lessons 

Chris Curry, Director, PPI

Nigel Peaple, Deputy Director for DC, Lifetime Savings & Research, PLSA

Sir Steve Webb, Director of Policy, Royal London

13:50 - 14:20
Partner insight session -Who wants to be a Lifetime Allowance Millionaire?

This session will focus on the DC landscape in terms of Adequacy, Engagement and Investment Governance through an engaging take on the popular gameshow.

Niall Alexander, Head of DC Solutions, P-Solve
Chair: Michael Clark, CBC Pension Services

14:25 - 14:55
CASE STUDY: Civil Service Pension Scheme

The Civil Service Pension Scheme covers over 300 employers, almost half a million active members and has Defined Benefit liabilities of £234 billion. Although the Defined Contribution assets are much smaller, they still amount to around £400 million across 20,000 members.In 2016 the Civil Service Pension Scheme decided to move 3 separate Defined Contribution schemes managed by 4 different providers to a single Mastertrust provider. The change will take place on 1 September 2018. This session will detail the challenges encountered with deciding to make the change, setting up and running the procurement exercise and then implementing the change across hundreds of employers and dozens of payrolls.

Kevin Hughes, Pension Technical, Strategy and Specialist Projects, Civil Service Pension Scheme
Cilla Christmas (Dip PFS), DC Delivery Manager, Civil Service Pension Scheme

15:00 - 15:30
Guest speaker: Huw Edwards, Journalist and Broadcaster, BBC News
15:30
Chair: Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

KING GEORGE

15:35
Chairman’s closing remarks and close of conference

Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

Stream 3 - Benefits & Reward

JAMES WATT
11:15 - 11:45
Benefits & Reward 2025

Organisations seem to be taking a short term view in the face of legislative, societal and increasingly flexible working practices when it comes to reward. Difficulties in recruitment and retention, low motivation, poor productivity and absence levels are still fundamental problems. This session will look at:

  • Analysing your workforce and using data to help set pay strategy.
  • Understanding how to use combined data from your HR and benefits systems to make best use of your benefits budget.
  • Monitoring the effectiveness of your reward approach and identifying ways in which it can be improved.

Dr Peter Bloom, Head of the Department of People and Organisations, Open University Business School

11:50 - 12:20
Partner insight session - Financial education on a budget

Providing financial support as part of your benefits offering is paramount as more choice at retirement could lead to more confusion. Employees are looking to their employer for support through holistic financial education programmes covering pensions, employee benefits and personal finances. While many employers want to provide this, tightening budgets can make this difficult especially as many are dealing with a multi-generational workforce, which widens the scope of financial pressures that could impact staff. This session will look at how you can make the most of new technology moving on from a traditional classroom-based approach to help you spread your budget.

Robert Cochran, Senior Workplace Pensions Specialist, Scottish Widows

12:20 - 13:15
Lunch and networking break

PORTER TUN EXHIBITION HALL

13:15 - 13:45
The digital future

The Trades Union Congress (TUC) argued that digitisation of the economy and workforce would lead to higher national productivity, suggesting GDP could be 10% higher by 2030 as a direct consequence. This has led to a debate over the redistribution of wealth gained from productivity improvements as robots and artificial intelligence (AI) could let us produce more for less, boosting national prosperity. In theory these developments should allow people to remain economically active, work in less stressful and physically demanding jobs for longer, and give people more flexibility in how and when they wish to retire. This session will consider how AI might impact our working lives and retirement.

Donald Hislop, Professor of Sociology of Contemporary Work, Loughborough University

13:50 - 14:20
Partner insight session - Ensuring good member outcomes at retirement

This session will look at the increased complexity facing retirees when deciding how best to generate income in retirement. It will look at the key issues and risks and consider some important steps both employers and trustees are taking to ensure outcomes are improved.

Victoria East, National Business Development Manager, Wealth at Work

14:25 - 14:55
Rewards 2018: Strategic and spot lit or superficial and subsidiary?

• The current priorities: fairness, flexibility and (af)fordability
• The UK reward model: low low pay, untotal rewards
• Employee wellbeing or well-washing?
• From broadbands to fixed rates
• Moving to be genuinely strategic
• The three V's: value, valued, values

Dr Duncan Brown, Head of HR Consultancy, Institute for Employment Studies

15:00 - 15:30
Guest speaker: Huw Edwards, Journalist and Broadcaster, BBC News
15:30
Chair: Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

KING GEORGE

15:35
Chairman’s closing remarks and close of conference

Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

Stream 4 - Pensions & Benefits

LOWER SUGAR ROOM
11:15 - 11:45
Partner insight session - GDPR in the world of record keeping

A presentation focusing on the Data Accuracy principle and the new Accountability principle. The presentation will discuss aspects of a data controller's responsibilities; how compliance with these responsibilities is evidenced and actioned.

The utilisation of personal data is an essential ingredient in dutifully fulfilling these responsibilities. But what data? We will consider GDPR compliant data sources, consented data, and the types of data that can be used for tracing purposes. Additionally, we will discuss the responsibilities of security and quality that a data controller has to meet during any data cleansing exercise. The presentation will highlight the benefits a scheme secures after such an exercise.

Gary Sallows, Operations Director, Target Professional Services 

11:50 - 12:20
PANEL: Trusteeship and governance

The Pensions Regulator is handing out record fines over trustee failures to complete basic governance duties such as scheme returns and DC chair's statements. Even big professional trustee firms have been fined. Why is this happening, is there a problem with the trustee model, and how can trustees make sure they don't fall foul of the regulator?

Nicola Parish, Executive Director of Frontline Regulation, The Pensions Regulator
Helen Baker, Partner, Sackers
David Weeks, Co-Chair, AMNT
Rachel Croft, Director, ITS Limited
Chair: Simon Kew, Director, Deloitte

12:20 - 13:15
Lunch and networking break

PORTER TUN EXHIBITION HALL

13:15 - 13:45
Blockchain the new and unknown for pensions

Blockchain is a way for connected parties to instantly share the same information via a secure network and where amendment is only possible through agreed network rules. Blockchain has the potential to reach all areas of pensions; it could be used to ensure administrators and advisers use the same version of the scheme rules, make safer transfers of assets between fund managers, show statements or pay transfers and other benefits, collect pension contributions or update individual member records. It could also revolutionise the way data is stored making it much safer to handle sensitive data such as health records for medical underwriting of benefits, or report to regulators. However, in the same breath although cyber-attack is harder, a successful hack could be catastrophic.

Joep Beukers, Director of Innovation, APG

13:50 - 14:20
How can the Pensions Dashboard be delivered?

With the publication of DWP's feasibility study due, this session will examine the key public policy decisions that still need to be made, and what schemes need to know about the changes that will make pensions data more open and more digital.

Rob Yuille, Head of Retirement Policy, ABI

14:25 - 14:55
Are more transfers a blessing or curse?

The number of DB to DC transfers has increased substantially since the introduction of freedom and choice. According to The Pensions Regulator, there were around 80,000 transfers out of DB schemes in the year ending 31 March 2017.
The demand is being driven by record transfer values, which can be up to 35 times the size of the annual pension forgone. Schemes are increasingly advising members of the option to transfer with some even providing quotations but with the Financial Conduct Authority currently reviewing the market following concerns of another 1980s pension mis-selling scandal making sure the right members transfer is crucial. Members transferring out of DB schemes can represent a win-win, by helping members secure more appropriate income in retirement and also removing risk from the DB scheme.

Ian Gutteridge, Board Director, Premier

15:00 - 15:30

Guest speaker: Huw Edwards, Journalist and Broadcaster, BBC News

15:30
Chair: Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

KING GEORGE

15:35
Chairman’s closing remarks and close of conference

Jonathan Stapleton, Editor-in-Chief of Professional Pensions & Workplace Savings and Benefits

*please note this programme is subject to change