Programme List - Pensions and Benefits UK 2019
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Programme

08:45- 09:30
General registration opens

Delegates register and browse exhibition stands

 

08:15 - 09:15 Registration required - Breakfast briefing: Everything you wanted to know about buy-ins, buy-outs and longevity swaps but were afraid to ask

(We ask that guests attending the breakfast briefing arrive at 8.15am for breakfast with the session beginning at 8.45.
You must have pre-registered to attend this session)


Buy-ins, buy-outs and longevity swaps are buzz words at the moment. Trustees of any defined benefit pension scheme will probably be hearing about these and being told they need to think about them. It can be difficult to know what these options really mean and whether it is right for your pension scheme.

Join Linklaters' pensions and insurance experts who have helped many trustees through these types of transactions for an interactive session where there will be a Q&A session to answer any of your questions (using the PBUK app or otherwise) and looking at:

  • The jargon used for these deals and what it really means;
  • Commonly asked questions such as, how does the process of a buy-in/buy-out work and where does the buck stop after the ink has dried on the contract; and
  • Some of the thornier issues for trustees contemplating risk management such as should I really be thinking about a buy-in or a longevity swap and, if I should, how can I make sure that it delivers what is needed in a cost effective way?
Lorna Tennant, Managing Associate, Linklaters
Sarah Parkin, Managing Associate, Linklaters

 

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: Charles Counsell, CEO, The Pensions Regulator

KING GEORGE

10:10 - 10:35
KEYNOTE: Edwin Schooling Latter, Director of Market Policy, FCA

KING GEORGE

10:35 - 10:45
10 minutes to move between rooms
10:45 - 11:15
PENSIONS KEYNOTE: Working together to improve dispute resolution

Since Anthony Arter took up the post of Pensions Ombudsman the organisation has been through a transformation.
The Pensions Ombudsman now incorporates the Early Resolution Service (formerly the dispute resolution team at The Pensions Advisory Service), bringing all dispute resolution under one roof. There has also been a focus on resolving complaints earlier. Now more than 80% of complaints and disputes are resolved at an earlier stage - making it quicker and more cost-effective for all parties.
Working with stakeholders across the pensions industry, The Pensions Ombudsman's vision is to make further improvements to the customer journey through sharing insight to reduce and avoid complaints.
Anthony will be giving an update on some of these changes, talking through some notable cases and explaining why it's all about communication.

Anthony Arter, Pensions Ombudsman and Pension Protection Fund Ombudsman
Chair: James Phillips, News Editor, Professional Pensions

KING GEORGE

BENEFITS KEYNOTE: The rise of AI

The future of work will be driven by artificial intelligence, IBM predicts that 120 million workers in the world's 10 largest economies will need to be reskilled in the next few years to adapt to an AI-driven marketplace. However, a global study by Harris Insights in found that while more than 80 percent of employees in the U.S. and UK believe having AI skills will be a competitive advantage for their companies, 42 percent said they don't believe their HR departments can execute it. So are you ready? This session will look at gearing up for an AI reskilling evolution including:

  • Improving your data fluency
  • Exploring AI-driven training platforms

 

Megan Marie Butler, BA, Cert HRM, MBA IHRM, PhD candidate, Leeds University Business School (LUBS) and the in-house HR specialist at CogntionX

Chair: Joanthan Stapleton, Editor-in-Chief, WSB

QUEEN CHARLOTTE

11:15- 11:45
Refreshments and networking break

PORTER TUN EXHIBITION HALL

11:45- 12:30
KEYNOTE: Pension Prophets

Roger Mattingly, Trustee Director, Ross Trustees
Robin Ellison, Consultant, Pinsent Masons & Professor of Pensions Law and Economics, Cass Business School
Jennie Kreser, Partner, Laytons LLP

Chair: Malcolm McLean, Senior Consultant, Barnett Waddingham

 

KEYNOTE PANEL: Re-thinking reward

The world of work is changing vastly through all aspects, but most noticeably in the area of reward. Companies hoping to get by with a standardised approach to salaries, bonuses, and benefits may soon find themselves to be outdated and falling behind their competitors. This panel will share what they think is the future of reward and share their experiences of implementing innovative reward packages at their work.


Dr Rea Prouska, Associate Professor of Human Resource Management, London South Bank University
Lynn Dewar, Partner, Baillie Gifford
Neil Goodwin, Head of Reward HR, Countrywide
Chair: Jonathan Stapleton, Editor-in-Chief, WSB

QUEEN CHARLOTTE

Stream 1 - DB Schemes

KING GEORGE
12:40 - 13:10
Partner insight session - GMP Equalisation

Following the landmark ruling by the High Court in October last year mandating defined benefit (DB) schemes must equalise GMP benefits for men and women. However, solving the GMP equalisation puzzle is not quite the picture you'd expect - once the pieces are put together. This session will look at the different pieces of that GMP equalisation puzzle.

Maurice Titley, Director, ITM
Chair: Holly Roach, Correspondent, Professional Pensions

13:10 - 14:10
Lunch and networking break

PORTER TUN EXHIBITION HALL

14:10 - 14:40
CMA Review: Implications, pitfalls, and what next for fiduciary management?

The CMA published its final report at the end of 2018 which outlined a series of recommendations to combat "an adverse effect on competition from which substantial consumer detriment may be expected". Among these was a requirement for mandatory tendering, disaggregation of fees, greater fee transparency and performance reporting standards.
This session will outline the proposed recommendations, the Pension Regulator's expectations of trustees and upcoming themes in the market.

Christy Jesudasan, Director, BMO Global Asset Management

Panel: Alison Bostock, Independent Trustee, PTL
Peter Daniels FIA, Head of FM Evaluation, Barnett Waddingham
David Hickey, MD, Head of UK Fiduciary, BMO Global Asset Management

14:45- 15:15
Partner insight session - Return of the buyout

We asked over 2,500 key stakeholders within the pensions, HR and business functions what are the biggest pensions challenges facing them during the next two years. Joint top (with nearly half of all respondents) were "keeping up with regulatory changes" and "planning a route to exit". As a result, it is no surprise that the buy-out market continues to experience record demand from trustees and employers who wish to remove their defined benefit pension obligations. In this session we will explore the key drivers for the increased demand for buy-outs, how insurers are meeting this demand, and what trustees and employers should be doing to address it.

Colin Parnell, Head of Bulk Annuities, Capita

15:20 - 15:50
PANEL: DB Consolidation

Consolidation was the buzz word in 2018, and 2019 is looking like the highly anticipated sequel. The PPF's Purple Book reveals that of the 5,450 DB schemes listed, 36% have less than 100 members and another 44% have less than 1,000 members. TPR has repeatedly highlighted the regulatory challenge posed by small DB schemes, and consolidation was a key focus of the DWP's recent DB White Paper. In this session our expert panel will discuss the pros and cons of consolidation, and ask what is the best format for consolidation?

David Fairs, Executive Director of Regulatory Policy, Analysis and Advice, The Pensions Regulator
Duncan Buchanan, Partner, Hogan Lovells
Luke Webster, CEO, The Pension Superfund
Colin Richardson, Director, PTL Governance Ltd
Chair: Tom Partridge, Partner, Deloitte

15:50 - 16:15
Refreshments and networking

PORTER TUN EXHIBITION HALL

16:15 - 16:45
Partner insight session - Harnessing technology for superior pension scheme performance and an engaging member experience

In an age where individuals and organisations can access almost all of their finances online within a matter of minutes, it is clear that the world of defined benefit (DB) pensions schemes has historically not followed pace with this. Gareth will explore how the operation of DB pension schemes has changed in the five years to today, but also will consider what technology the industry should demand in the next five years to enhance member outcomes, assist trustee decision making and improve governance. Louise will look at a case study where a scheme effectively used technology to maximise the value they obtained from a buy-in.

Gareth Strange, Senior Director, Willis Towers Watson
Louise Nash, Director, Willis Towers Watson

16:50 - 17:20
CLOSING KEYNOTE: The Future of Health
Dr Phil Hammond, Doctor, Journalist, Broadcaster, Campaigner and Comedian

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 - Default retirement pathways

Three years after Freedom and Choice, it is no surprise that industry commentators are concerned that retirees are not choosing a retirement income product optimal for their needs. The Pensions Policy Institute has recommended that the industry introduce default decumulation pathways, they believe default approaches could at least get them on the right track. However, such an approach does come with a risk. If the default ends up with savers running out of money too early, trustees and providers could face the blame. With the possibility of savers outliving their pots becoming increasingly likely this session will consider if default decumulation pathways could prove to be a better alternative to the current one-size-fits-all default.

Victoria East, ‎National Business Development Manager, WEALTH at Work
Chair: Beth Brown, Senior Associate, Mayer Brown

13:10 - 14:10
Lunch and networking break

PORTER TUN EXHIBITION HALL

14:10 - 14:40
Partner insight session - Sustainability: integrating risks of the future

As trustees consider new regulation requiring them to incorporate ESG into their investment principles, recognition of the risks posed by unsustainable business practices continues to grow. In this session, we will discuss the questions of how can future sustainability risks be taken into account and how can the social and environmental impact of companies be measured?

Tim Horne, Head of UK Institutional Defined Contribution, Schroders

14:45- 15:15
PANEL: CDC

CDC is still one of the hottest topics of the year, this panel will discuss:

 

  • Is there a minimum membership size for CDC scheme below which a scheme could not be viewed as having sufficient scale to effectively pool longevity risk to the benefit of the membership?
  • Should there be any further Trustee requirements or knowledge?
  • How can schemes best communicate with members to ensure they understand the risk that their benefits could go down as well as up, even when in payment?
  • Do you agree that CDC benefits should be subject to a similar cap to the automatic enrolment charge cap?

Lauren Wilkinson, Senior Policy Researcher, PPI
Hugh Nolan, Director, Spence & Partners
Simon Eagle, Chair, Institute and Faculty of Actuaries' CDC working group
Hetty Hughes, Policy Advisor, ABI
Chair: Peter Neville, pensioner-elected trustee of BTGplc Pension Fund

15:20 - 15:50
Partner insight session -How healthy is your AE process

AE has been in place since 2012, understanding the regulations was slow at first and some processes developed in a rushed and haphazard way, particularly at the start. There is now a much clearer understanding of the requirements and a greater choice of systems to help manage these processes. However, many employers are still using the same systems put in place at staging and this may not be the most efficient method. Staff turnover may have resulted in the processes in place being misinterpreted and key stages missed out and a change in payroll provider or other key system may have also disrupted the process. The AE Audit identifies any breaches in regulation and risks associated with these. It also identifies whether efficiencies can be made to reduce risk and save time and money for the Company. This session will ask:

  • How confident are you that if you were inspected by the Pension Regulator, you would be able to answer their questions satisfactorily and be given a clean bill of health?

Sue Pemberton, Head of Employer Services, Premier Pensions

15:50 - 16:15
Refreshments and networking

PORTER TUN EXHIBITION HALL

16:15 - 16:45
PANEL: Auto enrolment second phase

Auto-enrolment (AE) has been a huge policy success and there are now over 10 million more people saving into a workplace pension as a result.
Contributions are going up too. AE minimum contribution rates rose to 5% in April this year with little impact on opt-outs and will increase further to 8% in April 2019.

  • How much do you believe the 2019 auto-enrolment contribution rate rise will increase opt-out rates?
  • Is 8% adequate?
  • Is engagement the right route for a system whose success has been built on inertia?

Nigel Peaple, Director or Policy and Research, PLSA
Chris Curry, Director, Pensions Policy Institute
Jackie Spencer, Policy and Proposition Managers, Money and Pensions Advice Service
Chair: Simon Kew, Director, Deloitte

16:50 - 17:20
CLOSING KEYNOTE: The Future of Health

Dr Phil Hammond, Doctor, Journalist, Broadcaster, Campaigner and Comedian

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 3 - Benefits & Reward

JAMES WATT
12:40 - 13:10
Partner insight session: Automatic Enrolment: Now You're In; Are you Engaged?

In April 2019 the first phase of Automatic Enrolment concluded with the final step up in minimum contributions. However, there are still many more challenges ahead to build on the initial successes of the policy. One of the key areas of focus is on how engaged the 10 million new retirement savers are and how technology and innovation can be used to connect people to their future. In this session we will look at some key milestones for Automatic Enrolment since its inception in 2012; what the future might look like for the policy and explore some new approaches to engaging members of workplace pensions.

Alex McCallum, Workplace Pensions Specialist, Scottish Widows

13:10 - 14:10
Lunch and networking break

PORTER TUN EXHIBITION HALL

14:10 - 14:40
Employees Benefits strategy - what strategy!
Understand, engage and then adapt

On average only 1 in 4 employers review the impact of employee benefits within their organisation. Most understand the value of offering employee benefits, but without assessing the results how can you see what is adding value and truly engaging your employees? Yet we find organisations often want to add to their package, but often struggle to find the budget.
Within our session we explore how to understand your return on investment to build the business case for change and how to find the most suitable benefits solution for your organisation. Whilst this might seem straightforward - our experience and research in conjunction with CIPD tells us that this isn't happening in most organisations
!

Dipa Mistry Kandola, Head of Flexible Benefits Services, LCP

14:45 - 15:15
NO SESSION RUNNING
15:20 - 15:50
Personalising The Employee Experience: The Future Is An Audience Of One

Do our organisations inadvertently create disengaged employees, despite intending the opposite? In ‘Personalising the Employee Experience: The Future is an Audience of One', Bestselling and Award Winning Employee Experience and Engagement author and Director of Employee Wellbeing at Benefex, Gethin Nadin, will be discussing why modern organisations need to embrace belief, trust, and belonging to deliver exceptional employee benefit experiences. Gethin will bring together design thinking and insight gleaned from working with some of the world's best employers, to show how you can create a workplace that enables employees to thrive.

Gethin Nadin, Director, Benefex

15:50 - 16:15
Refreshments and networking

PORTER TUN EXHIBITION HALL

16:15 - 16:45
Longevity - how smart companies can capture the value of the ageing workforce

There's much noise about millennials in the workplace, but the over 50s now make up nearly a third of the UK's entire workforce. By 2022 there are projected to be 700,000 fewer people aged between 16 and 49, yet 3.7 million more people aged between 50 and State Pension Age. However, these older (or experienced) workers are largely ignored - or misperceived - in organisations' strategic workforce plans, businesses are failing to capitalize on the value that workers with decades of experience can deliver. They are also failing to appreciate or effectively respond to the potential risks posed by the extension of working lives resulting from demographic and economic pressures. Further complicating matters are the facts that technology continues to disrupt the nature and requirements of work in ways that uniquely affect experienced workers and that many older workers seek employment in non-traditional ways. In this session, we will unpack these circumstances and explore case studies which demonstrate the value that can be delivered by taking the right approach.

Yvonne Sonsino, Innovation Leader, Mercer

16:50 - 17:20
CLOSING KEYNOTE: The Future of Health

Dr Phil Hammond, Doctor, Journalist, Broadcaster, Campaigner and Comedian

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 4 - Wellbeing

LOWER SUGAR ROOM
12:40 - 13:10
Partner insight session - Employee engagement and wellbeing. Why it really matters.

How ‘engaged' are your employees with their pensions and benefits? What impact can pensions and benefits have on employee wellbeing, and does engagement and wellbeing really matter? In this session, Francis will explore the positive impact that effective pensions and benefits communications can have on employee engagement and wellbeing. He will share examples of how organisations including Yorkshire Building Society, IMI and Vodafone, have engaged their staff with their pensions and benefits, and provide evidence for the advantages of focusing on the engagement and wellbeing of your people. He will conclude with five top tips to engage employees with their pensions and benefits.

Francis Goss, Chief Commercial Officer, AHC

13:10 - 14:10
Lunch and networking break

PORTER TUN EXHIBITION HALL

14:10 -15:10
Workshop hour - returning to work

Health and wellness has become a priority on the corporate agenda with companies realising the benefits of implementing wellness initiatives. Returning to work after long-term sickness, maternity or other reasons can be difficult, this session will look at what companies can do to make sure this is as stress free, and easy as possible.

Claire McCartney, Senior Policy Adviser, Resourcing and Inclusion, CIPD
Fiona Scott, Social Impact and Innovation Team, CIPD
Jenna Mullet, Vocational Rehabilitation Consultant, UNUM

15:20 - 15:50
Engaging an age diverse workforce through wellbeing

With people choosing to work later in life, the age of employees is spanning an ever widening range.
This brings challenges for employers to cater for the needs and expectations of everyone.

Millennials may have a greater incidence of workplace stress and be less likely to seek support through traditional channels, instead they want instant gratification and technology solutions whereas older employees may be more concerned about physical health conditions or caring responsibilities and look for a different approach.
Companies need to ensure their offerings cater for everyone with personalised and targeted services as standard and choice, rather than a one size-fits-all is key to engaging and supporting the wellbeing of their whole workforce.

Christine Husbands, Managing Director, RedArc
Chair: Justin Jones, Head of Physiology & Clinical Development Lead, Nuffield Health

15:50 - 16:15
Refreshments and networking

PORTER TUN EXHIBITION HALL

16:15 - 16:45
Are your workers really ‘turning off'?

Technology has allowed the ‘workplace' to be anywhere and anytime which can be a real asset to both employers and employees but are your workforce ever really turned off? Companies can be fostering a culture of taking your work home with you through providing laptops, work mobiles and according to research by the Chartered Management Institute (CMI), published in January 2018, 59% of the 1,037 managers surveyed consistently check their emails outside of normal working hours, adding an estimated 44 working days to schedules per year. The consideration for employers is do you enforce disconnection or fully embrace workplace flexibility and hours.

Professor Mark Cropley, Professor of Health Psychology, University of Surrey
Chair: Justin Jones, Head of Physiology & Clinical Development Lead, Nuffield Health

16:50 - 17:20
CLOSING KEYNOTE: The Future of Health

Dr Phil Hammond, Doctor, Journalist, Broadcaster, Campaigner and Comedian

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

 

08:45- 09:25
General registration opens

Delegates register and browse exhibition stands

 

08:15 - 09:15 Registration required - Breakfast briefing: How are DB pensions schemes responding to pensions ‘Freedom and Choice'?

(We ask that guests attending the breakfast briefing arrive at 8.15am for breakfast with the session beginning at 8.45.
You must have pre-registered to attend this session)

Following the introduction of ‘Freedom and Choice' for defined contribution pensions in April 2015, we have seen an increasing numbers of members transfer out of defined benefit (DB) schemes to access these new freedoms. Whilst these options could be attractive for some members, they represent important considerations for both trustees and companies alike.

This session will discuss the results of Aon's 2019 survey looking into the actions being taken by schemes to support members with decision making at retirement, and the actions being taken by schemes to increase the range of flexibilities in the DB schemes themselves.

Ben Roe, Senior Partner & Head of Member Options, Aon

Andy Partridge, Senior Consultant, Aon

09:25 - 09:35
Chairman’s introduction and welcome

Stephanie Baxter, Deputy Editor, Professional Pensions

KING GEORGE

09:35 - 10:05
KEYNOTE: Simon Jack

BBC Business Editor

KING GEORGE

10:05 - 10:35
KEYNOTE: Guy Opperman MP, Minister for Pensions

Chair: Stephanie Baxter, Deputy Editor, Professional Pensions

KING GEORGE

10:40 - 11:10
Refreshments and networking break

PORTER TUN EXHIBITION HALL

Stream 1 - Investment

KING GEORGE
11:15 - 11:45
Partner insight session - What's your end game?

The recovery in markets from the financial crisis, and the improvement in many DB schemes' funding levels, has highlighted the need to place greater emphasis on DB exit strategies. With the Pensions Regulator introducing Long Term Funding Targets how can DB pension schemes invest to get to their specific destinations? This session will explore the advantages and disadvantages of different end games, as well as demonstrating investment techniques to get there using real life case studies.

Alistair Jones, Client Strategy Director , SEI Institutional Group
Chair: Andrew Cole, Trustee Executive, BESTrustees

11:50 - 12:20
Partner insight session - CIO interview

An interview with Niall O'Sullivan, Chief Investment Officer (CIO) of Mercer's European delegated business, on the key themes and developments in investment markets. Providing an insight into the latest thinking and innovation from across the globe, and how UK pension schemes can best position their investments in the current market environment.

Niall O'Sullivan, European Chief Investment Officer, Mercer

Chair: Jonathan Stapleton, Editor-in-Chief, Professional Pensions

12:20 - 13:15
Lunch and networking break

PORTER TUN EXHIBITION HALL

13:15 - 13:45
PANEL: Cost Transparency

We are not at the end of the transaction cost and transparency story or even at the beginning of the end. It is now a year since the introduction of new Financial Conduct Authority (FCA) regulations on transaction cost disclosure for workplace pensions. Although there has been good progress in obtaining data, uncertainty remains over the consistency and value of it.
This panel will discuss the findings of the PLSA's Cost Transparency Initiative and what the future holds for further cost transparency in both the DB and DC markets.

Imran Razvi, Senior Policy Advisor, Investment Association
Christopher Sier, 
Chairman ClearGlass, UK Treasury Fintech Envoy
Mel Duffield, Pensions Strategy Executive, USS
Jason Fletcher, CIO, LGPS Central

Chair: David Rich, Director, Accurate Data Services

13:50 - 14:20
Partner insight session -Macro investing in Emerging Markets

 

  • Focusing on fundamentals globally and in EM specifically
  • Views on trade tensions and their impact on equity performance
  • Macro investing in emerging markets

 

Barbara Saunders, Managing Director, River and Mercantile

14:25 - 14:55
Partner insight session - The Globalisation of Real Assets

Historically investors have retained a strong domestic bias in their portfolios of real assets. This has been especially true when investing in real estate. In this session, Sorca will set out how real asset portfolios are to become more global, drawing parallels with the globalisation of equity portfolios. She will also discuss how the opportunity set has evolved and the ways in which some of the historical barriers to international investing are being overcome.

Sorca Kelly-Scholte, Managing Director, Head of EMEA Pensions Solutions & Advisory, J.P. Morgan Asset Management

15:00 - 15:30
Guest speaker: Ed Balls, Former Cabinet Minister

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

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

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

Stream 2 - Governance

QUEEN CHARLOTTE
11:15 - 11:45
Partner insight session - Hitting your long-term funding target

Setting a "Long-Term Funding Target" will be an important focus for many trustee boards this year, after the clear steer from the Pensions Regulator to think beyond the Technical Provisions towards a long-term objective. We believe that for any objective to be achieved, there must be a measurable plan in place to get there. In this session, we demonstrate how good governance can support trustees in reaching their targets, whilst exploring the role that delegation and Fiduciary Management can play.

Hannah Simons, Head of Fiduciary Management, Schroders
Chair: Brian Healy, MNT, NCUSSS

11:50 - 12:20
Partner insight session - Pension transfers - how do you know your members are not being scammed out of their money?

Financial advisers do not have the best rep. Whilst the vast majority are honest and diligent how do you know that your members are not being targeted by the ones in the headlines for all the wrong reasons and why, actually, should you care? If you are a trustee you must care and if you are an employer you ought to because your members must, by law, obtain financial advice if their benefits are worth more than £30,000 and most don't even know where to start. In this session we will explain:

  • The key risks facing your members when they decide to transfer
  • The lessons that have been learned from recent events
  • What a professional pension transfer service should look like
  • How schemes and advisers can work together to ensure the best results.

Fiona Tait, Technical Director, Intelligent Pensions
Chair: Beth Brown, Senior Associate, Mayer Brown

12:20 - 13:15
Lunch and networking break

PORTER TUN EXHIBITION HALL

13:15 - 13:45
PANEL: Independent Trustee Model
  • Should each pension scheme be required to have a professional trustee on their board?
  • Where sole trustees are appointed by the sponsoring employer, do you think those trustees can robustly challenge the employer in funding valuations?
Neil McPherson, Managing Director, Capital Cranfield
Peter Murphy, Partner, Sackers
David Weeks, Co-Chair, AMNT
Chair: Stephen Richards, Partner, Stephenson Harwood

13:50 - 14:20
Master Trust authorisation

Unless you've been living under a rock you will know all about the master trust authorisation story that has had the sector on its toes over the last year.Schemes were given from the beginning of October 2018 until the end of March 2019 to apply for authorisation with TPR. If they didn't, they faced having to wind up and subsequently transfer members to a separate authorised scheme.

The regulation inevitably caused further consolidation throughout the sector, and this session will look at this consequence of the regulation, among many others.

Kim Brown, Head of Master Trusts, The Pensions Regulator
Chair: David Rich, Director, Accurate Data Services

14:25 - 14:55
What can pensions learn from open banking?

The pension dashboard could be pioneering, allowing savers to view and manage their retirement savings in a simple platform. Putting information into the hands of savers is crucial, this session will discuss:

 

  • What are the greatest opportunities for pensions, savings and investments?
  • How can the mindset of a traditional industry be shifted?
  • Is the industry prepared for integration with the pensions dashboard?
Phil Allen, Product Owner, Single Customer View, Lloyds Banking Group
Chair: Brain Healy, MNT, NCUSSS
15:00 - 15:30
Guest speaker: Ed Balls, Former Cabinet Minister
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
Flexible working

Flexible working offers employers the chance to operate with extended working hours, save on overheads when staff work from home, reduce sickness absence, attract diverse talent, improve staff retention and increase productivity. Yet the Chartered Institute of Personnel and Development report that the uptake of flexible working has largely plateaued in the past decade despite three quarters of employees prioritising flexible working when selecting a new role. The picture is even more nuanced, with a recent survey revealing a significant portion of flexible workers saying they feel regarded as less important, are given fewer opportunities, and may have missed out on promotion. This session will consider the benefits for employers embracing flexible working, the importance of an implementation strategy, and - consider what it is employees really want.

Olivia Hill, Chief HR Officer, AAT
Chair: Paul Avis, Marketing Director, Canada Life

11:50 - 12:20
How to tackle long term sickness

The 2018 EEF Health and Work Survey (in association with Howden Employee Benefits & Wellbeing) found that almost a third (29%) of employers did not know the level of their long-term sickness absence, and 37% of companies were unable to say whether any of their sickness absence was attributable to work. These frankly worrying statistics will be used as the basis for this fast-paced session which will view the "new world" causes of workplace absence. Some simple and cost-effective tools and solutions that organisations can utilise to help their employees and their own profitability will be explored. Topics covered will include time off for medical appointments, mental wellbeing, stress, and financial health. The effective use of Occupational Health offerings, employee engagement, and productivity will also be covered.

Steve Herbert, Head of Benefits Strategy, Howden Employee Benefits & Wellbeing
Chair: Mark Fosh, Divisional Director, Howden Employee Benefits & Wellbeing

12:20 - 13:15
Lunch and networking break

PORTER TUN EXHIBITION HALL

13:15 - 13:45
Mental health in the workplace

Louise Aston, Wellbeing Director, Business in the Community

Chair: Paul Avis, Marketing Director, Canada Life

13:50- 14:20
How can employers use reward and benefits to address sustainability?

Employees are increasingly seeking to enforce change in support of sustainability, and are looking to their employers to help them action these ambitions. Research by the Intergovernmental Panel on Climate Change (IPCC), published in December 2018, found that 66% of employees would support a bonus incentive scheme to help cut carbon emissions, while 57% feel that their employer is not doing enough to involve them in reducing the business' carbon footprint. Increased staff motivation and retention can also result from efforts to address sustainability, particularly if they align with employees' personal values. A reward and recognition programme which focuses on creating intrinsic rewards, such as the feeling of satisfaction at having been part of something meaningful, can help to embed positive behaviours into day-to-day life.

Teifion Maddocks, Sustainability & Wellbeing Officer, Swansea University

14:25- 14:55
Total rewards? Really?!
  • Why are we failing to deliver on the total rewards promise?
  • What's the future for total rewards: the employee experience?
  • Why it's important
  • A better way forward
  • Case examples

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

15:00 - 15:30
Guest speaker: Ed Balls, Former Cabinet Minister
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 -Customer outcomes from the FCA Investment Pathways

Andrew Storey, Proposition Director at EValue considers the customer outcomes from the upcoming FCA Investment Pathways. This short session will cover:

 

  • A background to the FCA Investment Pathways
  • Checking that your default funds are suitable for your particular population (one size fits all)
  • How do you explain the options to your members

Andrew Storey, Propositions Director, EValue

11:50 - 12:20
PANEL: 21st century Trustees

What does a 21st century Trustee look like? Over the last few years there has been a focus on diverse trustee boards as research as highlighted this results in better decision making. Whilst there has been some progress, many pension fund trustee boards and the top levels of executive teams lack diversity. While gender diversity has been an obvious place to start, the industry is lacking younger representation to harness the power of cognitive diversity - the diversity of thought and opinion. This session will discuss how we can engage younger generations in Trusteeship, the language of pensions and greater diversity on Trustee boards.

Sophie Dapin, Solutions Manager & Trustee, Schroders Pension scheme
Caroline Escott, Policy Lead: Investment and Stewardship,
Pensions and Lifetime Savings Association
Tom Foot, Member Nominated Trustee Director, Citrus
Chair: Kim Kaveh, Correspondent, Professional Pensions

12:20 - 13:15
Lunch and networking break

PORTER TUN EXHIBITION HALL

13:15 - 14:55
STREAM CLOSED
15:00 - 15:30

Guest speaker: Ed Balls, Former Cabinet Minister

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