Please note: this programme is subject to change
Welcome to the Defined Contribution Conference Manchester, hosted by Professional Pensions.
- Potential pitfalls and overlooked investment risks
- Lessons learnt from the September 2022 Mini Budget
- Strategies for DC schemes to adjust portfolios, optimising risk-adjusted returns and enhancing resilience
With barriers to investing in private markets eroding, DC schemes are increasingly looking to diversify their default proposition away from traditional asset classes. But in a DC context, building a diversified portfolio to achieve higher risk-adjusted returns and strengthen resilience may not be entirely straightforward. Asset allocation, implementation methods, cash management, valuation and risk management are among the key elements for Schemes and Trustees to consider.
With higher interest rates, scarcity of data, lower level of transparency, and potentially high dispersion of returns between private market asset classes and managers - we will look at the key aspects to consider in implementing a successful private markets proposition, and how DC schemes should position their portfolio to deliver on the expected excess returns from private markets.
An ideal opportunity to connect with fellow delegates and relish refreshments provided by our venue, for first class company and a second to none experience!
Over the last decade, the pensions landscape, including master trusts, has transformed due to regulatory shifts and evolving consumer needs. The appeal of master trusts surged with the advent of auto-enrolment, attracting major companies for employee pension solutions. Anticipating additional changes in auto-enrolment, a growing emphasis on financial wellness, evolving guidance and advice distinctions, and emerging retirement solutions, the master trust landscape is poised for continued development in future.
This session will address:
- Why are we consolidating and what are the benefits?
- What happens under consolidation?
- Where are we with progress in comparison to last year?
- What does the future hold for Master Trusts?
Phase two of the new government’s pensions review promises to address retirement adequacy, but could this reveal a bleak picture given the ongoing cost of living crisis and recent recession putting strain on corporate and individual finances?
DC pension schemes face various challenges such as reduced member contributions, employer cutbacks, delayed retirements, suboptimal investment returns, and increased demand for flexible pension access.
This session will address:
- How to translate good value into better outcomes
- Understanding the adequacy position for your DC members and setting targets
- Strategies for schemes to support members in prioritising and understanding the impact of pension contributions
- Other ways to move the dial on pension outcomes
In the 2023 Autumn Statement, the chancellor introduced the concept of a lifetime pension, commonly known as a 'pot for life' or 'provider for life.' This initiative allows employees to choose a single pension for joint contributions, aiming to enhance saver outcomes and reduce the prevalence of multiple pension pots. Despite promising prospects, there is still a considerable journey ahead.
This session will address:
- Pros and cons associated with the 'pot for life.'
- The potential timeline for implementing the 'pot for life'
- Anticipated milestones in the implementation process
- Examples of other countries adopting similar approaches
This is your chance to mingle, connect, and replenish your energy amidst the DC Conference's vibrant atmosphere. Join us in savouring a spread prepared to elevate your midday experience. Whether you're networking, sharing insights, or simply taking a moment to unwind; Take your seat, and enjoy!
During this fireside chat the longest serving Pensions Minister, Guy Opperman, will outline his views on what has been a pivotal year of change and evolution for DC Pension schemes whilst providing insights into possible future developments.
As the pensions industry braces for significant challenges in 2024 with impending changes in government legislation, regulations, and policies; Join Professional Pensions for our closing keynote session. Led by our guest esteemed representative from The Pensions Regulator, this session offers a direct update from TPR to you.
This session will address:
- An update from TPR
- Industry expectations for the future
- Address concerns and questions regarding upcoming regulation