| Thursday 9 October |
09:15 - 10:00 Plenary 5 |
Keynote
address Rt Hon James Purnell MP, Secretary of
State for Work and Pensions Chaired by: Joanne Segars,
Chief Executive, NAPF |
| |
DC Stream
Sponsored by: BlackRock
Media Partner: Pensions Week |
FD Stream
Sponsored by: Watson Wyatt
Media Partner: Accountancy magazine |
HR Stream
Sponsored by: Xafinity Paymaster
Media Partner: Personnel Today |
Technical Stream
Sponsored by: HSBC
Media Partner: PensionsAge |
10:00 - 10:45 Stream 1 |
Default
dilemma - is there life beyond lifestyling? With over
90% of people settling for the default option, its design
is critical. What is the right default fund design? How do
we move beyond lifestyling to provide members with a more
efficient risk-reward trade off?
James Churcher, Telegraph Media Group
Emma Douglas,
BlackRock
Chaired by: Arno Kitts, Chairman, NAPF Investment Council |
How to manage risk
off your balance sheet
Buyout consolidation and insurance solutions - This session
looks at the options and the issues you need to consider
Rashpal Bhabra, Watson Wyatt
Mike Keiller, Morrison Bowmore
Chaired by: Jerry Gandhi, RSA |
Workplace
advice - how much can you safely say?
Employers often feel they have a responsibility to inform
their employees about saving for retirement but are worried
about what they can say whilst remaining on the right side
of the law. This session explores the Regulator's latest guidance
and looks at what is happening in practice.
Robert Branagh, Xafinity Paymaster
Jim Dredge, FSA
Chaired by:
Robert West, Baker & McKenzie
|
The
long and the short of longevity
As The Pensions Regulator plans to promote the use of more
conservative longevity assumptions by schemes, this session
looks at how schemes should determine their longevity assumptions
and how TPR is approaching the issue.
Logan Anderson, The Pensions Trust
Steve Robinson,
HSBC Actuaries and Consultants
Chaired by: Joy Moore, RWE Npower |
|
| 10:45 - 11:30 |
Refreshments
in exhibition hall |
|
11:30 - 12:15 Stream 2 |
Governance
- how do you know if your administrator is doing the right
thing?
The Pensions Regulator is looking closely at scheme administration
and best practice. What governance arrangements should you
have in place to monitor your schemes administration and what
should your administrator be telling you?
Lesley Alexander, EMI
Sue Applegarth, MNPA
Chaired by:
Martin Mannion, GSK |
De-risking
- are buyouts the only game in town? Creating Stability :
Reducing Risk
Buyouts may not always be the right or most cost-effective
solution. Knowing and understanding risks more fully can help
scheme sponsors decide on which risks to keep and which to
remove and, crucially, when to make the choice. This session
examines the critical steps on the "Path to Solution".
Richard Farr, Swiss Re
Chris Massey,
PricewaterhouseCoopers
Chaired by: Sally Percy, Editor, Accountancy Magazine |
Flexible
retirement - How is it working out in practice?
Over 1 million people are working beyond normal pension age.
This session explores the legal issues, how these are being
applied in practice and how to avoid falling foul of age discrimination
legislation
Jay Doraisamy, Hammonds
Tim Sands, NHS
Chaired by:
Michelle Lewis, Senior Policy Advisor, NAPF |
Statutory funding
objective - second time around
As the first schemes prepare for their second triennial actuarial
assessment, this session considers the issues likely to be raised
by schemes and the ways of resolving them. Keith Barton,
Chairman, ACA
Ian Cordwell, The Pensions Regulator
Chaired by: Ray Martin, DHL |
|
| 12:15 - 13:30 |
Lunch in the
exhibition hall |
|
13:30 - 14:15 Stream 3 |
Annuities,
drawdown - what's right for scheme members?
How should members be helped to make the right choices? What
is the role of trustees and employers?
Philip Audaer, Kerr Henderson Hewitt
Paul Sturgess,
Capita Hartshead
Pam Taylor, BASF
Chaired by Stuart
Stephen, Lloyds TSB
|
Conflicts
- real or imagined?
20% of schemes have director trustee vacancies and conflicts
of interest are often cited as the cause. What are the conflicts?
Are they manageable? Can FDs still serve as trustees?
Tim Cox, Linklaters
Allan Johnston,
Corus
Chaired by: Sue Timbrell, Law Debenture |
Payback
or Payload - the place of pensions in today's benefits package
Where do pensions rank in today's reward packages?
How does this compare with 10 years' ago? What should the
role of pensions be? Our panel of experts debate.
Michael Aldred, Global Compensation & Benefits Director,
Barclays Bank
Neil Carberry,
CBI
Chaired by:
Nigel Peaple, Director of Policy, NAPF |
How
new LDI techniques fit within a pensions risk management framework
This session looks at what exactly is LDI, how can it benefit
both the trustee and the sponsor, how has the scheme's approach
to LDI evolved over time, and what are the key learnings in
terms of implementation?
Brian Harrison,
Friends Provident
Peter Routledge,
Towers Perrin
Chaired by: Mark Hyde Harrison, Barclays Bank |
|
14:15 - 15:00 Stream 4 |
Are
Group SIPPS the DC pension of the future?
A number of companies have introduced Group SIPPS. Will these
be the next big thing? What are the pros and cons?
Noel Birchall, HSBC
John Lawson,
Standard Life
Chaired by:
Pádraig Floyd, Editor in Chief, UK Pensions & Investment
Group |
Accounting standards
- everything you ever wanted to know but were too afraid to
ask
What do the new proposals on pension accounting mean
for schemes and sponsors and will they increase your liabilities?
Joanne Livingstone, Punter Southall Ian Mackintosh,
ASB
Chaired by: Gareth Derbyshire, Chairman NAPF Accounting
Working Group |
Two
Tier Pension Provision - Double trouble?
What are the implications of two tier pensions, and how are
companies responding?
Christopher Berkeley, Pinsent Masons
Chris Curry,
Pensions Policy Institute
Chaired by:
David Birtwistle, GKN |
Creating
diversification when it counts
This session looks at finding managers who really do do different
things; the deselection decision: when and why to sell a manager;
multi-manager in a multi asset world; and governance requirements
Joanna Munro, CEO, HSBC Multi-Manager
Terry Faulkner,
Rexam
Chaired by:
Arno Kitts, Chairman, NAPF Investment Council |
|
| 15:00 - 15:45 |
Refreshments
in exhibition hall |
|
15:45 - 16:30 Stream 5 |
Catering
for a diversified workforce - blue sky thinking
Setting DC in an overall savings context
Simon Baynes, Logica
Steve Rumbles,
BlackRock
Chaired by:
David Birtwistle, GKN
|
Pensions
and its impact on corporate activity
Private equity, take overs, mergers
and acquisitions - pensions are playing an increasingly
important role in corporate transactions. But when do pensions
become deal breakers and not deal makers? Through a series
of case studies, we explore the possible impact
Steven Dicker, Watson Wyatt
Peter Thompson, BESTrustees
Chaired
by: Jane Samsworth, Lovells |
Pensions
Administration - the good, the bad and the ugly
HR specialists have enough to do without worrying about
pensions administration. But with the Pensions Regulator highlighting
good administration as a key risk to pension schemes, can
you afford to ignore it? This session looks at what happens
when the standard of pensions administration falls below the
ideal and goes on to outline best practice for both in-house
and outsourced administration.
Vivien Cockerill,
Wragge & Co
David Porter, Xafinity Paymaster
Chaired by:
Nigel Peaple, Director of Policy, NAPF |
Negotiating
with employers and trustees
This session explores the keys to successful negotiations
with scheme sponsors.
Philippa Connaughton, Linklaters
Roger Maynard,
Chairman of Trustees, British Airways
Chaired by:
Joy Moore, RWE Npower |
|
16:30 - 16:45 Plenary 6 |
Issues
and opportunities - a view from the NAPF Joanne
Segars, Chief Executive, NAPF |
|
16:45 - 17:30 Plenary 7  |
Are
you paying too much for your PPF levy?
As the PPF consults on the distribution of the levy, we ask
is the levy fair? Are good schemes subsidising bad schemes?
Is your D&B assessment accurate and does it take account
of the right factors? Partha Dasgupta, CEO, Pension Protection
Fund Ray Martin, DHL Mark Young, T Mobile
Chaired by: Joanne Segars, Chief Executive, NAPF |
|
| 19:30 - 23:00 |
Conference
Gala Dinner at the Glasgow Hilton After dinner
speaker: Jon Culshaw |