DB endgame decisions are increasingly shaped by market conditions rather than funding levels alone. Volatile bond markets, insurer capacity constraints and high asset valuations have introduced new timing and risks for trustees considering buy-in, buy-out or run-on strategies.

This session moves beyond possible routes and execution mechanics to examine how trustees can factor market context into strategic decision-making within the endgame, and how they are assessing whether to lock in outcomes.

Governments intentions are clear. The LGPS and Master Trusts have explicit and/or voluntary mandates to invest in UK private markets. Now the focus turns to all other scheme-types. Last week, Pensions UK published ‘2030 Ready: From commitment to deployment’ looking at the appetite of schemes investing in UK private markets, and the barriers they may face. Here we take a look at that report, to which we contributed, and ask the attendees to provide their perspective on these initiatives.

This session looks at how delegation under a range of trustee models can improve governance and outcomes through quicker implementation, clear accountability, enhanced oversight, and more efficient lower cost solutions. It also considers how these principles can be applied across the spectrum of endgame objectives to support effective outcomes and how they can extend beyond DB alone.

As DB funding positions improve, the topic of surplus is at the forefront of many scheme discussions. For many boards, these are relatively new conversations that require careful consideration of scheme objectives, funding outcomes and sponsor perspectives.

This session looks at how trustees are approaching surplus discussions in practice and the decision-making around how it can be used productively to support scheme objectives. Looking at examples of approaches that have been implemented and successfully aligned with fiduciary duties, delivering value for both members and sponsors.

Governments intentions are clear. The LGPS and Master Trusts have explicit and/or voluntary mandates to invest in UK private markets. Now the focus turns to all other scheme-types. Last week, Pensions UK published ‘2030 Ready: From commitment to deployment’ looking at the appetite of schemes investing in UK private markets, and the barriers they may face. Here we take a look at that report, to which we contributed, and ask the attendees to provide their perspective on these initiatives.

The pensions landscape is set for sustained change. Measures under the Pension Schemes Act, alongside a wide range of reforms, will be implemented progressively between now and 2030. For trustees, the challenge is understanding how these changes fit together—and what action is required, and when.

This session sets out a clear five‑year roadmap for trustees. It will highlight the key regulatory and policy developments ahead, explain how expectations of trustees are likely to evolve, and distinguish between immediate priorities and longer‑term preparation.

Trustees will leave with a clearer sense of the direction of travel, a practical framework for assessing their scheme’s readiness, and confidence that their plans are aligned with what “good” will look like over the remainder of the decade.

As DB funding positions improve, the topic of surplus is at the forefront of many scheme discussions. For many boards, these are relatively new conversations that require careful consideration of scheme objectives, funding outcomes and sponsor perspectives.

This session looks at how trustees are approaching surplus discussions in practice and the decision-making around how it can be used productively to support scheme objectives. Looking at examples of approaches that have been implemented and successfully aligned with fiduciary duties, delivering value for both members and sponsors.

DB endgame decisions are increasingly shaped by market conditions rather than funding levels alone. Volatile bond markets, insurer capacity constraints and high asset valuations have introduced new timing and risks for trustees considering buy-in, buy-out or run-on strategies.

This session moves beyond possible routes and execution mechanics to examine how trustees can factor market context into strategic decision-making within the endgame, and how they are assessing whether to lock in outcomes. 

This session looks at how delegation under a range of trustee models can improve governance and outcomes through quicker implementation, clear accountability, enhanced oversight, and more efficient lower cost solutions. It also considers how these principles can be applied across the spectrum of endgame objectives to support effective outcomes and how they can extend beyond DB alone.

The pensions landscape is set for sustained change. Measures under the Pension Schemes Act, alongside a wide range of reforms, will be implemented progressively between now and 2030. For trustees, the challenge is understanding how these changes fit together—and what action is required, and when.

This session sets out a clear five‑year roadmap for trustees. It will highlight the key regulatory and policy developments ahead, explain how expectations of trustees are likely to evolve, and distinguish between immediate priorities and longer‑term preparation.

Trustees will leave with a clearer sense of the direction of travel, a practical framework for assessing their scheme’s readiness, and confidence that their plans are aligned with what “good” will look like over the remainder of the decade.

As DB funding positions improve, the topic of surplus is at the forefront of many scheme discussions. For many boards, these are relatively new conversations that require careful consideration of scheme objectives, funding outcomes and sponsor perspectives.

This session looks at how trustees are approaching surplus discussions in practice and the decision-making around how it can be used productively to support scheme objectives. Looking at examples of approaches that have been implemented and successfully aligned with fiduciary duties, delivering value for both members and sponsors.

The pensions landscape is set for sustained change. Measures under the Pension Schemes Act, alongside a wide range of reforms, will be implemented progressively between now and 2030. For trustees, the challenge is understanding how these changes fit together—and what action is required, and when.

This session sets out a clear five‑year roadmap for trustees. It will highlight the key regulatory and policy developments ahead, explain how expectations of trustees are likely to evolve, and distinguish between immediate priorities and longer‑term preparation.

Trustees will leave with a clearer sense of the direction of travel, a practical framework for assessing their scheme’s readiness, and confidence that their plans are aligned with what “good” will look like over the remainder of the decade.

As DB funding positions improve, the topic of surplus is at the forefront of many scheme discussions. For many boards, these are relatively new conversations that require careful consideration of scheme objectives, funding outcomes and sponsor perspectives.

This session looks at how trustees are approaching surplus discussions in practice and the decision-making around how it can be used productively to support scheme objectives. Looking at examples of approaches that have been implemented and successfully aligned with fiduciary duties, delivering value for both members and sponsors.

This session looks at how delegation under a range of trustee models can improve governance and outcomes through quicker implementation, clear accountability, enhanced oversight, and more efficient lower cost solutions. It also considers how these principles can be applied across the spectrum of endgame objectives to support effective outcomes and how they can extend beyond DB alone.

The pensions landscape is set for sustained change. Measures under the Pension Schemes Act, alongside a wide range of reforms, will be implemented progressively between now and 2030. For trustees, the challenge is understanding how these changes fit together—and what action is required, and when.

This session sets out a clear five‑year roadmap for trustees. It will highlight the key regulatory and policy developments ahead, explain how expectations of trustees are likely to evolve, and distinguish between immediate priorities and longer‑term preparation.

Trustees will leave with a clearer sense of the direction of travel, a practical framework for assessing their scheme’s readiness, and confidence that their plans are aligned with what “good” will look like over the remainder of the decade.

Governments intentions are clear. The LGPS and Master Trusts have explicit and/or voluntary mandates to invest in UK private markets. Now the focus turns to all other scheme-types. Last week, Pensions UK published ‘2030 Ready: From commitment to deployment’ looking at the appetite of schemes investing in UK private markets, and the barriers they may face. Here we take a look at that report, to which we contributed, and ask the attendees to provide their perspective on these initiatives.

This session looks at how delegation under a range of trustee models can improve governance and outcomes through quicker implementation, clear accountability, enhanced oversight, and more efficient lower cost solutions. It also considers how these principles can be applied across the spectrum of endgame objectives to support effective outcomes and how they can extend beyond DB alone.

DB endgame decisions are increasingly shaped by market conditions rather than funding levels alone. Volatile bond markets, insurer capacity constraints and high asset valuations have introduced new timing and risks for trustees considering buy-in, buy-out or run-on strategies.

This session moves beyond possible routes and execution mechanics to examine how trustees can factor market context into strategic decision-making within the endgame, and how they are assessing whether to lock in outcomes.

Governments intentions are clear. The LGPS and Master Trusts have explicit and/or voluntary mandates to invest in UK private markets. Now the focus turns to all other scheme-types. Last week, Pensions UK published ‘2030 Ready: From commitment to deployment’ looking at the appetite of schemes investing in UK private markets, and the barriers they may face. Here we take a look at that report, to which we contributed, and ask the attendees to provide their perspective on these initiatives.