At a time when schemes were seeing improved funding levels, and the natural next step appeared to be to de-risk, the Chancellor announced reforms to unlock billions of pounds locked in pensions to support ‘productive finance’. But what is the motivation for schemes to want to do this? What are the implications on the wider strategy? Hear views from a Mansion House signatory firm, a former Pensions Minister, and from an actuary about the:
- Merits and drawbacks of the proposals
- Key areas for actuaries to consider when advising in this area
Speakers: Garry Latimer, Standard Life Steve Webb, former Pensions Minister Iain McLellan, Isio
Institute for Fiscal Studies (IFS) executive director Paul Johnson discusses the current IFS pensions review process and how it might help solve pensions problems and promote agreed solutions.
Speaker: Paul Johnson, Director, Institute for Fiscal Studies
This update from the chair of the Self-Administered Pension Schemes (SAPS) Committee comes shortly after the release of the ‘S4’ series mortality tables. Matt Fletcher covers the process of considering the data available for the standard tables in light of the pandemic. Matt also looks looks at how the pandemic might shape our approach to mortality data going forward.
Speaker: Matt Fletcher, CMI Self-Administered Pension Schemes (SAPS) Committee
The first superfund transfer between Clara-Pensions and the Sears Retail Pension Scheme is completing and funding levels are improving. Many trustees and sponsors are now turning their thoughts to what the ‘right’ option is for their endgame planning. In this session Suzanne Vaughan, Senior Director in WTW’s pensions risk transfer team, talks through: the options available to schemes when planning for the longer term how trustees, sponsors, and advisers alike can get comfortable with the outcomes for their members what makes for an ‘ideal’ superfund case Suzanne is joined by Luke Stratford-Higton, Chief Pricing Officer at Clara-Pensions. In the session, Luke shares Clara’s own reflections on welcoming its first members and what this means for cases they will look to work with in the future. Anna Eagles, Professional Trustee and Director at Law Debenture, completes the panel sharing her reflections from a trustee perspective.
Speakers Suzanne Vaughan (Chair), WTW Luke Stratford-Higton, Clara Pensions Anna Eagles, Law Debenture
The occupational pension schemes (funding and investment strategy and amendment) regulations were published earlier this year, to be followed imminently by the defined benefit (DB) funding code. The long-awaited new funding regime for DB schemes has been much talked about and anticipated in recent years. Join representatives from The Pensions Regulator and Lane, Clark and Peacock as they discuss the detail and implications.
Speakers Andrew Dodd, The Pensions Regulator Jon Forsyth, LCP
2023 was another busy year for pensions legal activity, and 2024 is looking to be similar. This session focuses on recent and new topical areas such as: the Virgin Media case the use of scheme surplus discretionary pension increases how cost of living pressures may impact trustees’ decision making The session explores trustees’ duties and considerations and includes practical case studies.
Speakers Dawn Heath, Pensions Lawyer, Freshfields Claire Rankin, Osborne Clarke
This session covers:
- the importance of institutional investors exerting their influence through engagement and voting
- the latest developments in stewardship
- a recent example of the value add stewardship can bring to build better outcomes for members
Speaker: Tiffany Tsang, Pensions and Lifetime Savings Association