Name: CDC schemes what does the investment portfolio look like?
Start: 2021-04-22T13:00:00Z
End: 2021-04-22T13:58:01.000Z
Location: BrightTALK
Rating: 4.33

A channel for pensions professionals, offering industry insight and lifelong learning to our members and the wider industry. 

The PMI is the largest professional body for pensions professionals in the UK.

For decades, defined benefit pension schemes have represented a burden to both trustees and sponsors, often leading to difficult funding discussions and the need to increase contributions to close unexpected deficit gaps. This has led many to consider buy-outs as the endgame target so that the burden could be eliminated. There are indeed very valid reasons for this approach, primarily around:

- removal of exposure to potential liability risks, poor investment performance, and sponsor default
- a view that the sponsor is not in the business of running pension schemes
- a perception that the trustee’s primary job is to secure only the obligated member benefits 

However, with improvements in pension funding levels in recent years, and advancements in pension risk management techniques, have the concerns above become less relevant? In thinking through these issues, we ask whether pension schemes could offer an opportunity to benefit both members and sponsors – potentially to the tune of hundreds of millions, or in some case billions, of pounds. 

This training session will consider each of these issue in more detail and share some of the latest developments in pension fund risk management to help inform your decision making about your endgame goals.

Is your DB pension scheme a burden to get rid of? Or an asset to keep?

Join AXA IM for a practical look at how schemes of all sizes can integrate climate risk mitigation and net zero alignment into fixed income portfolios to achieve their financial goals and positive member outcomes sustainably.

Climate investing: Five myths busted

A wall of ESG reporting is looming for both pension schemes and sponsors. In this session, Cardano (a sustainability advisory specialist since 2019) will provide insights drawn from their work advising trustees and sponsors on the potential impact of ESG-driven change on employer covenant, to help participants prioritise their energy and maximise their positive impact on members and sponsor performance.

Turning the tide – managing and leveraging ESG reporting

In this webinar Adrian Firth and Chetan Mistry will be looking at employee wellbeing and how important financial wellbeing is as part of an overall approach to looking after employees. The current economic climate is placing pressure on household budgets and without the right money management skills, more employees will struggle to make ends meet. With a wide diversity of financial products and services available many employees simply do not understand, or are unable to find out, what their options are and how best to manage their short and long-term financial goals.

Pensions, benefits and wellbeing – the need for financial wellbeing

Pension scheme members now have to grapple with a multitude of risks which have become increasingly complex and uncertain.

With this in mind, WEALTH at work conducted a survey with the Pensions Management Institute to investigate the concerns Trustees have for their pension scheme members in the run up to their retirement and what support provisions they have in place.

This webinar will reveal the results of this insightful research and uncover the steps that can be taken to support members in the lead up to and at retirement.

Overcoming the risks at retirement

In this session Helen and Cheryl will look at the different retirement options available in the market, how to meet member expectations and the customer service challenges that these can create for trustees, employers and providers.

DC & MT Symposium - How to turn your DC pot into gold – Decumulation

Accessing less liquid private strategies has been historically challenging, due to a number of factors; price, access, complexity and perceived risk.

In this session we bring together industry experts to discuss this important topic, to dispel the myths, and pave the way for schemes to get comfortable in choosing private assets to bring about real benefits to a diversified default portfolio.

DC & MT Symposium - Natixis Panel Discussion on Illiquid Assets

Many DC schemes and master trusts are expected to be connected to pension dashboards in Spring 23 – just a year away!

We’ll walk you through the practical steps schemes can take now to prepare – from the data preparation, to implementation and the all-important connection. We’ll cover the snags schemes are likely to hit along the way, and how they can make the journey that little bit smoother.

DC & MT Symposium - Pension dashboards: One year of practical steps

Trustees of defined contribution schemes are having to navigate an ever-changing and complex regulatory landscape. In this session, our experts will look at five key items for every trustee’s agenda, from the new ESG disclosure and governance obligations to at-retirement support and pension dashboards.

DC & MT Symposium - Items to keep on your trustee board agenda in 2022

If you thought the gender pay gap was enough to contend with? Wait until you hear about the gender pension gap that’s twice as large.

At some stage in a person’s career, they may decide to take a break from work, this could be taking time out for parental leave, to care for a loved one or to go on sabbatical. However, this often means taking a break from paying into their pension, which can have more of an effect on a person’s future financial wellbeing than you might think. Our speakers consider:

- Background to this issue and causes
- What can be done to address the gender pensions gap?
- What’s Aviva doing about it?
- Tools and support available

DC & MT Symposium - Gender Pensions Gap

Targeted, personalised communications are the most effective as one size never fits all, but communicating in a way that reaches and empowers everyone can be challenging. Ideally, we’d have all the information we need at our fingertips to really understand the people we’re communicating with – whatever their age, ethnicity, gender, sexuality, ability or cultural background. Unfortunately, we often don’t have access to that level of detail so we need to make sure our communications are as accessible as they can be for the majority of people.

Barnett Waddingham’s in-house creative agency, DrumRoll, will discuss how ‘refreshingly straightforward and inclusive’ communications can be achieved in all member facing communications.

Responsible communications – accessible for all

Hosted by Carolyn Tsalos, Head of UK Institutional Direct Sales at Russell Investments, the panel will look at:
- What Trustees need to think about when considering a Net Zero objective
- What solutions are available to pension schemes looking to achieve a Net Zero target?
- What reporting requirements will Trustees face going forward?

The journey to Net Zero

Climate change poses both risks and opportunities for business now and in the future.  Pension funds and insurers need to have a view of which companies will endure as the environment changes, regulations evolve, new technologies emerge and customer behaviours shift – and which companies will struggle.  More importantly, as custodians of member’s benefits, they need to manage the associated risks and take appropriate actions.  

Our esteemed panel is made up of three speakers: David Fogarty is responsible for development of Dalriada’s position on ESG, including the formulation of their ESG policy, and represents the trustee’s view.  Laura Houet, a partner in the London Financial Services team at CMS who advises clients across Europe and the US on sustainability issues, will provide the lawyer’s perspective.  Finally, Maria Nazarova-Doyle who is responsible for defining the investment offering for Scottish Widows, incorporating ESG into the investment design, will represent the insurer’s perspective.

Between them, they are planning to cover a wide range of “E” topics including:
- ESG policies and investment portfolio alignment to net zero;
- Scheme sponsor and member engagement;
- Importance of data and reporting;
- Impact of regulation on sustainability issues; and
- Stewardship powers to drive engagement and ultimately improve our environment

London: 'Great minds don’t think alike'

Digital transformation is not new to Pension boards, many have been going through this journey long before Covid-19. The key drivers have always been to find effective ways to store and share sensitive pension scheme information, whilst maintaining the highest level of collaboration throughout the board meeting lifecycle.  

To learn more about how the adoption of a board intelligence platform can alleviate the increasing security and collaboration challenges caused by today’s ‘New Normal’ of social interaction, we have invited Bruce Davey, pension scheme manager of BCF Pension Trust to share his experience. 

Talking points: 
• The challenges of managing a board effectively without a board intelligent platform 
• An overview of the BCF Pension Trust’s journey  
• Best practices in delivering secure and effective pension board meetings

Digital transformation of pension scheme boards – A Digital Adoption Case Study

The Scottish Group talk will be on the new ESoG and ORA requirements in the context of the prospective TPR single code : what is changing, what should trustees be doing before and after the new code comes into force and how do the requirements fit in with wider governance measures such as more onerous value for money assessments for scheme years ending after 31/12/2021.

Scotland: 'Governance'

North East: 'Pensions Regulator powers after the Pension Schemes Act 2021'

It is 10 years since the start of auto-enrolment. What have we achieved in 10 years and has it been worth it? What should we do in the next 10 years?

North West with WEALTH at work: 'Auto-enrolment'

A guide to preparing for and securing a bulk annuity for ENTs and MNTs

• Why prepare for a bulk annuity? 
• Preparation checklist 
• Timeline 
• Case study on a full scheme buy-in

Preparing for a bulk annuity - case study and practical guide

A comprehensive look at CDC schemes and the investment climate that surrounds them

CDC schemes what does the investment portfolio look like?

Pensions

Small businesses and enterprises alike are competing for not only market share, but also for the best employees to move their businesses forward. Competitive salary and benefits packages are the foundation of high employee satisfaction. Join this community to keep up with changing regulations and learn how to optimize workforce costs with competitive yet cost-effective employee benefits and compensation plans.

Benefits and Compensation

Human resources is intrinsically linked to business success and requires a thoughtful balance of a variety of complex issues. The human resources community on BrightTALK is made up of thousands of professionals in human resources exchanging human resources best practices and advice. Watch hundreds of on-demand webinars for immediate information or participate in upcoming live webinars and have your questions answered by respected HR thought leaders.

Human Resources

Welcome to the UK wealth managers community on BrightTALK! Join thousands of UK wealth managers on BrightTALK to share and learn about wealth planning, the best investment funds and more. Browse hundreds of on-demand webinars and videos presented by recognized wealth management professionals and increase your engagement by participating in live interactive webinars.

UK Wealth Managers

Join this highly engaged community of UK financial advisers as they share peer-to-peer best practice advice. Find content related to investment and economics, better business practices, client acquisition and client referrals for financial advisors, as well as tax and pension advice. Further the engagement by presenting and participating in live interactive webinars and videos.

UK Financial Advisers

This community is for institutional investors responsible for managing large-scale funds. Join to learn how top institutional investors are managing their organization’s shares, influencing the market, and what tips they have for successful investment strategies.

Institutional Investors

Get powerful financial planning and analytics insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge and drive optimal financial performance for your company.

Financial Planning and Analysis

The accounting and finance community on BrightTALK features presentations from leading accountants and finance professionals. The accounting community includes tax planning strategies, QuickBooks webinars and other accounting webinars, while the finance community features presentations on financial capital regulations and forensic data analytics. Join the conversation by attending live financial and accounting presentations and connecting with industry thought leaders.

CDC schemes what does the investment portfolio look like?

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