Please note: programme is subject to change
The Pensions Regulator has labelled professional trustee firms as systematically important for the UK pensions sector. This session will delve into the possible future oversight that the regulator sees with the professional trustee market and how they will work with professional trustees for the future benefit of the pensions industry.
This session will address:
- An update from TPR on the Professional Trustee market
- Industry expectations for the future
- Addressing concerns and questions regarding upcoming regulation
Breakout One
This session is tailored for professional trustees seeking to grasp the complexities of implementing run-on strategies in pension schemes. We will explore the nuanced factors that determine the appropriateness of such strategies, alongside practical insights into their implementation.
What the Session Will Address:
- Motivations and Considerations: Explore the various motivations behind adopting a run-on strategy, including the potential benefits and the intricate challenges that sponsors and trustees may face.
- Schroders ABC Framework: Introduce the Schroders ABC framework, designed to support trustees in their discussions and decision-making processes regarding run-on strategies.
- Real-Life Case Study:
Illustrate these concepts through a discussion of the Schroders Retirement Benefit Scheme run-on strategy, showcasing successful implementation and the outcomes achieved.
The government has demonstrated clear intentions to unlock DB surpluses. As a result, conversations around scheme surpluses and the approach to surpluses are evolving and it is important to stay up to date. Therefore, this session will delve into how best to use surplus productively to unlock value for both schemes and members.
This session will address:
- How the Chancellor’s recent proposals on DB pension scheme surpluses could impact pensions
- How to use and invest surplus productively whilst balancing fiduciary duties
- How to best extract surplus
- How do surplus reforms affect the professional trustee market
- How can surplus be best used to benefit the members and sponsors
Breakout Two
Successfully navigating the journey to your scheme’s chosen endgame requires careful planning, risk management, and strategic engagement with insurers. This session will look in depth at the best practices, common pitfalls, and key considerations for pension schemes preparing for endgame.
This session will address:
- The current landscape of the bulk annuity market and how to best position yourself to make the most of these evolving dynamics
- A look at the new insurers entering the market and how do these fair when compared with the more traditional players
- What are some future trends for the evolving market
- Real world insights into what works when transitioning to endgame
This session is tailored for professional trustees seeking to grasp the complexities of implementing run-on strategies in pension schemes. We will explore the nuanced factors that determine the appropriateness of such strategies, alongside practical insights into their implementation.
What the Session Will Address:
- Motivations and Considerations: Explore the various motivations behind adopting a run-on strategy, including the potential benefits and the intricate challenges that sponsors and trustees may face.
- Schroders ABC Framework: Introduce the Schroders ABC framework, designed to support trustees in their discussions and decision-making processes regarding run-on strategies.
- Real-Life Case Study:
Illustrate these concepts through a discussion of the Schroders Retirement Benefit Scheme run-on strategy, showcasing successful implementation and the outcomes achieved.
Breakout Three
The government has demonstrated clear intentions to unlock DB surpluses. As a result, conversations around scheme surpluses and the approach to surpluses are evolving and it is important to stay up to date. Therefore, this session will delve into how best to use surplus productively to unlock value for both schemes and members.
This session will address:
- How the Chancellor’s recent proposals on DB pension scheme surpluses could impact pensions
- How to use and invest surplus productively whilst balancing fiduciary duties
- How to best extract surplus
- How do surplus reforms affect the professional trustee market
- How can surplus be best used to benefit the members and sponsors
Successfully navigating the journey to your scheme’s chosen endgame requires careful planning, risk management, and strategic engagement with insurers. This session will look in depth at the best practices, common pitfalls, and key considerations for pension schemes preparing for endgame.
This session will address:
- The current landscape of the bulk annuity market and how to best position yourself to make the most of these evolving dynamics
- A look at the new insurers entering the market and how do these fair when compared with the more traditional players
- What are some future trends for the evolving market
- Real world insights into what works when transitioning to endgame
Breakout One
Successfully navigating the journey to your scheme’s chosen endgame requires careful planning, risk management, and strategic engagement with insurers. This session will look in depth at the best practices, common pitfalls, and key considerations for pension schemes preparing for endgame.
This session will address:
- The current landscape of the bulk annuity market and how to best position yourself to make the most of these evolving dynamics
- A look at the new insurers entering the market and how do these fair when compared with the more traditional players
- What are some future trends for the evolving market
- Real world insights into what works when transitioning to endgame
Breakout Two
The government has demonstrated clear intentions to unlock DB surpluses. As a result, conversations around scheme surpluses and the approach to surpluses are evolving and it is important to stay up to date. Therefore, this session will delve into how best to use surplus productively to unlock value for both schemes and members.
This session will address:
- How the Chancellor’s recent proposals on DB pension scheme surpluses could impact pensions
- How to use and invest surplus productively whilst balancing fiduciary duties
- How to best extract surplus
- How do surplus reforms affect the professional trustee market
- How can surplus be best used to benefit the members and sponsors
Breakout Three
This session is tailored for professional trustees seeking to grasp the complexities of implementing run-on strategies in pension schemes. We will explore the nuanced factors that determine the appropriateness of such strategies, alongside practical insights into their implementation.
What the Session Will Address:
- Motivations and Considerations: Explore the various motivations behind adopting a run-on strategy, including the potential benefits and the intricate challenges that sponsors and trustees may face.
- Schroders ABC Framework: Introduce the Schroders ABC framework, designed to support trustees in their discussions and decision-making processes regarding run-on strategies.
- Real-Life Case Study:
Illustrate these concepts through a discussion of the Schroders Retirement Benefit Scheme run-on strategy, showcasing successful implementation and the outcomes achieved.
This panel will bring together expert professional trustees as they touch on some of the major topics discussed so far. This expert panel will then focus on the future of professional trusteeship within an evolving pensions landscape.
This panel session will discuss:
- Recap of the major themes discussed throughout the day
- Crystal ball insights into futures of professional trusteeship and the market
- Opinions of how pensions should be adapted for the future
