Thursday 4th June

13:55 – 14:10
Meet and introduction to the virtual chatrooms


14:10 – 14:15
Opening Remarks
Stephen Glover
Programme Director – DC Summit Live
DG Publishing

14:20 – 14:35
Spotlight: A Reality Check on Markets, Assets and Geographies
What’s up? What’s down? What’s dead? What’s new?


14:40 – 15:20
Panel: Improving Access to the Best Investment Opportunities

Moderator
Andy Cox
Trustee & NED

Panellists
Emma Douglas
Head of DC
Legal & General Investment Management

Mark Polson
Founder
The Lang Cat

Speaker to be announced
Aberdeen Standard DC Platform

Final speaker to be announced

Fees, and an historic focus on costs, have been a major constraint for DC plans and master trusts to access the higher return strategies they need. In the DC world, selecting a manager’s product is not a simple process. The product has to be wrapped and made available on an investment platform, involving an extra layer of fees and often onerous admission criteria. Expert speakers will explain how access to desired strategies works in practice, and how it can be improved and made more affordable.

15:20 – 15:40
Coffee at your Place – Chatrooms Open for Networking

15:40 – 16:00
Presentation: The Role of Active Currency Management in Enhancing DC Plan Performance

Moderator
Mark Thompson
Member of the IGC
Zurich Insurance

Speakers
Dominik Mueller
Head of Currency Management Operations
Metzler Capital Markets

George Tsiourvas
Senior Currency Manager
Metzler Capital Markets

Our presenters will discuss how active management of currencies can significantly enhance returns at tolerable levels of risk, and the role this strategy can play within the cash portfolio of a DC default fund.


16:05 – 16:45
Panel: Making the Most of ESG

Moderator
Julius Pursaill
Chair
RBS & Heineken DC Schemes

Panellists
Daniel Godfrey
Member of the IGC
Legal & General Investment Management

Abbie Llewellyn-Waters
Fund Manager – Global Equities
Jupiter Asset Management

Janette Weir
Managing Director
Ignition House

The effective incorporation of ESG strategies, driven by regulators trustees and members themselves, is essential for DC investors, both for ethical and performance reasons. An expert panel will explore the availability and the merits of both ESG-tilted passive and active strategies that are being offered to DC plans.


16:50 – 17:20
Panel: An Update on TPR/FCA Joint Strategy for DC Pensions

Moderator
Ian Pittaway
Senior Partner
Sackers

Panellists
Cosmo Gibson
Policy Manager
Financial Conduct Authority

Louise Sivyer
Principal – Policy, Regulatory Policy, Analysis and Advice Directorate
The Pensions Regulator

The joint regulatory strategy concentrates primarily on optimising member outcomes and VFM in pension plans. Senior officers of TPR and the FCA will offer a progress update in light of current conditions.

17:20 – 17:45
Day 1 catchup – Chatrooms open for Networking

Friday 5th June

14.00 – 14.10
Welcome and Re-Introduction to the Conference Format

14.10 – 14.50
Panel: Liquidity and Daily Pricing – The Particular Challenges for Property and Other Illiquid Funds

Panellists
Stephen O’Neill
Head of Private Markets & Investment Proposition
NEST Corporation

Ben Piggott
DC Plan Secretary
Royal Mail Pension Trustees

Denis Prouteau
CIO – Real Asset Private Debt
Ostrum Asset Management

Further speaker to be announced

The challenge of incorporating illiquids into DC default funds is a well-trodden path. The current crisis has exacerbated the issue with some well-publicised gatings and fund suspensions. The panel will explore future solutions and opportunities in illiquid assets.


14.50 – 14.55
Enter selected Discussion Groups


14:55 – 15:35
Breakout Discussion Groups:

Group 1) Impact Analysis of Covid-19 on Member Choices
Facilitator:
Sarah Smart
Chair
Financial Times Pensions Governance Committee

Discussants:
Mark Rowlands
Director of Customer Engagement
NEST

Group 2) The Best Investment Mix For DC Plans
Facilitator:
Anthony Fletcher
Senior Adviser
MJ Hudson Allenbridge

Discussants:
Louise Farrand
Executive Director
Defined Contribution Investment Forum

15:35 – 16:00
Coffee at your Place – Chatrooms open for Networking

16:00 – 16:40
Panel: Opportunities in Impact Investing

Speakers
Karen Shackleton
Director
Pensions for Purpose

Evita Zanuso
Senior Director, Financial Sector & Investor Engagement
Big Society Capital

Further speakers to be announced

Impact investing offers the potential to achieve great social good and to achieve superior investment returns, both of which are of keen interest to DC plans. Our speakers will explore the opportunities that are emerging in the current environment. A special feature will be the evolution of climate change scenario analysis and the investment products that are being created on the back of it.


16:45 – 17:25
Panel: What Happens At Retirement?

Speaker
David Hare
Chair of the Independent Governance Committees
Phoenix Life and Standard Life

Further speakers to be announced

A significant criticism of DC schemes is that they are not really a pension, rather a tax-efficient savings scheme. The panel will explore the progress that is being made towards improving member choices at retirement, especially as regards the provision of default drawdown pathways and the investment strategies that are being devised to achieve them.

17.25 – 18.00
Post-event catchup – Chatrooms open for Networking