Indulge in a delightful breakfast experience at Wotton House.
As you begin your day, we kindly request that you use this time to complete your check-out process. Rest assured, your belongings will be in excellent care with Wotton House while you immerse yourself in the second day of enriching sessions at our Autumn Trustee Senate.
Jonathan Stapleton, Editor- in-chief, Professional Pensions
- Should members have more benefits in retirement and why?
- How have MNOPF provided more services for members?
- How have MNOPF traced and contacted members effectively, and were there any hurdles in doing so?
- Why do we only pay pensions once a month, and is it possible for schemes to allow pensioners to access money as and when they need it?
In the past, full buyout of scheme benefits with an insurer was viewed as the gold standard endgame that all trustees and sponsors should aspire to. However, what endgame options are becoming increasingly of interest, and why?
This session will address:
- Are trustees still aiming for the ‘gold standard’ buyout, and why?
- What new alternatives are there in the endgame space at the moment?
- How does the size of you scheme affect what options are suitable for you?
An ideal opportunity to connect with fellow trustees and relish refreshments provided by Wotton House, for first class company and a second to none experience!
Member engagement has been an ongoing challenge for the industry. With high interest rates, inflation, and the cost-of-living crisis, member outcomes should be a focus of the DC workplace market. Therefore, in a constantly changing industry, it is crucial for us to assist members to understand what retirement might be like. With so many options and outcomes, it is also important members choose what the right option for them is.
This session will address:
- Case studies from members that have now finished their retirement journeys
- What common member feedback are we seeing in the industry?
- How can we improve member experience using this feedback?
- What further options can we offer members running up to/after retirement?
- Should members have more or less control over their own outcomes?
The Pensions Regulator's new general code of practice has been launched, merging ten existing codes into a single document, and providing a lot of potential value to schemes. Compliance with this code brings about an opportunity to rid of out-of-date policies, reflect modern working practices, and improve governance as well as documentation. Whilst this is a good opportunity for schemes, trustees will need to prepare for the work ahead of implementation.
This session will address:
- What does the new general code mean for schemes now?
- How can trustees improve their communications with administration in compliance with the general code?
- How can schemes ensure any new governance procedures, in compliance with the general code, maximise efficiency?
- Providing examples of what schemes are doing effectively so far
This is your chance to mingle, connect, and replenish your energy amidst the Trustee Senate'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!
Day 2 Boardrooms
In the UK, CDC schemes are new, and offer several potential benefits, including lower costs, greater transparency, and a shared risk between members. There are also some challenges and risks associated with CDC. However, the government has expressed support for the growth of CDC.
This session will address:
- What does the future look like for CDC schemes?
- How can the pensions industry best prepare for CDC?
- What are the regulatory and legal challenges of CDC?
- How can schemes promote education and awareness of CDC among employers and members?
- How do other countries do CDC, and what can we learn from them?
DC Pensions have undergone significant transformations over the past decade, driven by regulatory shifts and changing consumer preferences. Master trusts, integral to this landscape, gained prominence post-auto-enrolment and have sustained their appeal. As the horizon presents further changes for DC schemes, the master trust environment and solutions are poised for continued evolution in the coming decade.
This session will explore:
- The reasons behind consolidating
- What happens under consolidation?
- Pros and cons associated with consolidation
- Insights into the future trajectory of Master Trusts
2024 has brought a new era for Defined Benefit pension schemes. Buyout affordability is closer than expected. Yet is buyout the way forward for your scheme? With the bulk annuity market over saturated, how can you best prepare your scheme for an insurance option?
This session will address:
- A bulk annuity market analysis
- What are schemes currently doing to prepare themselves for the bulk annuity market?
- How can smaller schemes compete in the bulk annuity market?
2024 has brought a new era for Defined Benefit pension schemes. Buyout affordability is closer than expected. Yet is buyout the way forward for your scheme? With the bulk annuity market over saturated, how can you best prepare your scheme for an insurance option?
This session will address:
- A bulk annuity market analysis
- What are schemes currently doing to prepare themselves for the bulk annuity market?
- How can smaller schemes compete in the bulk annuity market?
In the UK, CDC schemes are new, and offer several potential benefits, including lower costs, greater transparency, and a shared risk between members. There are also some challenges and risks associated with CDC. However, the government has expressed support for the growth of CDC.
This session will address:
- What does the future look like for CDC schemes?
- How can the pensions industry best prepare for CDC?
- What are the regulatory and legal challenges of CDC?
- How can schemes promote education and awareness of CDC among employers and members?
- How do other countries do CDC, and what can we learn from them?
DC Pensions have undergone significant transformations over the past decade, driven by regulatory shifts and changing consumer preferences. Master trusts, integral to this landscape, gained prominence post-auto-enrolment and have sustained their appeal. As the horizon presents further changes for DC schemes, the master trust environment and solutions are poised for continued evolution in the coming decade.
This session will explore:
- The reasons behind consolidating
- What happens under consolidation?
- Pros and cons associated with consolidation
- Insights into the future trajectory of Master Trusts
Boardroom 3
In the UK, CDC schemes are new, and offer several potential benefits, including lower costs, greater transparency, and a shared risk between members. There are also some challenges and risks associated with CDC. However, the government has expressed support for the growth of CDC.
This session will address:
- What does the future look like for CDC schemes?
- How can the pensions industry best prepare for CDC?
- What are the regulatory and legal challenges of CDC?
- How can schemes promote education and awareness of CDC among employers and members?
- How do other countries do CDC, and what can we learn from them?
2024 has brought a new era for Defined Benefit pension schemes. Buyout affordability is closer than expected. Yet is buyout the way forward for your scheme? With the bulk annuity market over saturated, how can you best prepare your scheme for an insurance option?
This session will address:
- A bulk annuity market analysis
- What are schemes currently doing to prepare themselves for the bulk annuity market?
- How can smaller schemes compete in the bulk annuity market?
DC Pensions have undergone significant transformations over the past decade, driven by regulatory shifts and changing consumer preferences. Master trusts, integral to this landscape, gained prominence post-auto-enrolment and have sustained their appeal. As the horizon presents further changes for DC schemes, the master trust environment and solutions are poised for continued evolution in the coming decade.
This session will explore:
- The reasons behind consolidating
- What happens under consolidation?
- Pros and cons associated with consolidation
- Insights into the future trajectory of Master Trusts
TPR has finally released its eagerly anticipated general code of practice, providing governing bodies with the chance to ensure their schemes align with the governance standards expected by TPR and deserved by savers. With many predicting that upcoming changes to government legislation, regulations, and policies will pose significant challenges for the pensions industry in 2024 and beyond; What better way to address these concerns than by receiving updates directly from TPR and having the opportunity to pose any pressing questions.
This session will address:
- An updated from TPR
- What can the industry expect to see?
- Your biggest questions and worries with existing and upcoming regulation
Please note: programme is subject to change