THE FUTURE OF DC
09:15 - 12:20, Tuesday 7th July
• How did the Master Trusts fair during market volatility
• Do investment strategies provide good value for members
• Is the default fund fit for purpose
• How is ESG being implemented into DC investing
Join us for our Deskflix episode addressing 'The Future of DC'. A live event with the chance to interact with our expert speakers, your peers, and visit the sponsor booths during the breaks to ask those all important questions, all from the comfort of your own desk (and let’s face it, the coffee is better there).
W hy attend?
>> Connect with trustees and pension scheme professionals from around the UK
>> Join us from anywhere on your desktop or tablet, for free
>> Ask industry experts your burning questions, real time
>> Meet our sponsors' expert speakers
Jonathan Stapleton, Editor, Professional Pensions
Louise Sivyer, Policy Manager, Regulatory Policy Directorate, The Pensions Regulator
The DC market continues to evolve at an unprecedented pace, whilst primarily driven by the needs of trustees and employers, there is no doubt legislation and policy reform have played a significant hand in this as well.
The emerging shift towards Master Trust solutions in the workplace market and the increased emphasis on ESG are just some of the examples of thematic changes, but there are many other key factors that will shape and impact the future direction of the market that we should also consider.
With DC forecasted to overtake DB as the primary source of pension provision in the workplace market, Jenny Holt will look at some of the key factors and initiatives that are driving this shift in the marketplace, as well as exploring other potential areas that will dictate the Future of DC.
Jenny Holt, Proposition Director, Phoenix Group
Live Q&A with Jenny Holt
Improving retirement outcomes by putting members first As the DC market grows with scheme consolidations and an increase of members there are still lots of questions around the extent to which the current market is delivering value for members, how this should be assessed and where we should go next. In this session, Callum Stewart will consider:
- How you can assess whether current approaches are delivering appropriate outcomes for your members
- How we can learn from history in a more effective way by focussing on individual member cohorts
- Where we should go next to improve outcomes
Callum Stewart, DC Investment Consultant and Responsible Investment specialist, Hymans
Last year’s change in regulation brought environmental, social and governance (ESG) considerations firmly onto the radar of DC Trustees and independent governance committees but even before that we saw an increase in ESG related decision making, driven by corporate positioning and philosophy. Investing through an ESG lens takes four main forms, exclusions (or screening), optimisation or tilting towards a stated objective, thematic investment to invest in particular E, S or G sectors and finally impact which aims to deliver a measurable positive ESG outcome. DC in the UK is heavily predicated on the use of indexed investment into traditionally weighted indices, in part due to the cost-effective nature of these products and ESG integration is becoming an increasing relevant consideration when selecting index solutions. Join Manuela Sperandeo, as she determines the many ways for ESG criteria to be brought into an investment portfolio, how to define the category, assess it in the context of investment strategy, and implement it in the context of DC portfolios.
Manuela Sperandeo, EMEA head of Factor, Sustainable and Thematic Index Products, BlackRock
We invite you to stroke the dog, have a stretch and get yourself a cuppa!
The recent market volatility and general uncertainty around the COVID-19 pandemic have caused DC pension scheme members to worry as they see their savings dip. Is there a way to intelligently construct a default to prevent a significant loss of retirement income? SEI’s Default Investment Options (DIOs) are constructed to weather market declines. Our investment experts use their knowledge to back our innovative portfolio design which works to protect members’ savings in market downturns.