• How can surplus be best used to benefit the members and sponsors
• How to best extract surplus
• How to use and invest surplus productively whilst balancing fiduciary duty
• Understanding whether surplus release is a good idea for your scheme

The biggest shift in DB pension scheme funding in two decades is here. With the new DB Funding Code now live, and the first real valuations for the post-22 September 2024 valuations under the framework now taking place, this session explores what the changes mean in practice for scheme professionals.

This session will address:

• What the code means for funding, risk, and investment strategies
• Insights from schemes already undertaking valuations, practical examples
• TPR’s expectations and how should trustees respond
• Key issues to consider ahead of your next valuation
• What are the key requirements of the new code

This session will delve into the current state of the bulk annuity market providing insights into what has changed due to new entrants and other events such as recent market volatility. Join this session to understand how to best navigate this evolving market.

This session will address:

• What are the key trends shaping the future of the endgame market and how has market volatility impacted this
• The current state of the bulk annuity market and how to best position yourself to engage with the market
• Real world insights into what works when transitioning to endgame
• A look at the new insurers entering the market
• Are all schemes being sufficiently served?

The Pension Schemes Bill announced monumental policy change and a roadmap of this future change was also laid before parliament. With all this future policy change having been announced, attend this session to understand all the changes and what they mean for the future of DB schemes.

This session will address:

• An outline and timeline of the future policy changes
• Insights into what this reform will mean for your scheme and the opportunities they present
• How will the changes transform the DB pensions sector 
• How to prepare

• How to assess if run-on can really work for your scheme
• Key considerations, and outcomes of different run-on approaches—providing a real-world perspective on how schemes can secure long-term member outcomes while retaining strategic control.
• Practical lessons and actionable insights for trustees and sponsors navigating the evolving endgame landscape.
• How to best invest when aiming for longer-term run-on

Major pension reforms, including changes to surplus rules, along with wide-ranging regulatory changes and a challenging geopolitical and economic backdrop are reshaping the DB landscape. This expert panel will explore the key forces that will define DB schemes over the next decade, and as a result what the future DB pensions landscape could look like.

This session will address:

• What are the main challenges and opportunities facing DB schemes
• How is the evolving regulatory environment impacting the DB landscape
• How are DB investment strategies changing in response?