Name: Trustee Workbench - Adapting for an end game in an evolving market
Start: 2022-10-11T09:39:00Z
End: 2022-10-11T09:39:37.000Z
Location: BrightTALK
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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.

This year’s Budget was trailed by a range of rumours about possible changes to the tax regime for registered pension schemes. Join PMI’s Director of Policy Tim Middleton and a panel of experts to summarise exactly what changes have been announced and the consequences they will have for the UK’s pension system.
This webinar provides an excellent opportunity to discuss what changes have been announced within hours of Rachel Reeves having delivered her Budget.

2024 Budget and its impact on pensions

As the pensions industry faces increasing complexity and demands for efficiency, AI is set to redefine the landscape. Join mallowstreet’s CEO, Stuart Breyer, who will explore how AI technologies are being harnessed to transform member services, from simplifying the basics of administrative processes and data handling to revolutionising meetings and client relationship management.

Retirement in the Digital Age: Harnessing AI and Technology

In this session with the Pensions Dashboards Programme (PDP), find out more about what users could see and experience when they interact with pensions dashboards, as the wider pensions industry prepares for connection to the dashboards ecosystem starting in April 2025. Join us to hear from the programme's Principal, Chris Curry, who will share the latest advancements and updates on the PDP and the MoneyHelper Pensions Dashboard, helping to keep you informed and ready for pensions dashboards becoming a reality.

Latest updates on pensions dashboards and exploring the end user experience

Trustees are enhancing their digital communications strategy to boost online member engagement, addressing the divide between online and offline members by exploring various engagement strategies. These include using incentives to encourage online participation, which has shown positive impacts on take-up rates. Analysis of member usage reveals that certain functionalities, such as accessing account information and managing pension plans, are particularly popular.

Future efforts to increase online engagement may be influenced by the evolving digital landscape, member preferences, and technological advancements. The implementation of the Pensions Dashboards Programme is expected to significantly alter member engagement by providing a comprehensive and user-friendly platform for pension management. 

In addition, trustees are incorporating sustainability and diversity, equity, and inclusion (DEI) considerations into their strategy to ensure accessible and inclusive digital initiatives for all members. By addressing these factors, trustees aim to create a more inclusive, engaging, and effective digital environment for managing pensions.

Getting members online - what trustees need to consider

Pensions dashboards are coming, and the industry is in full swing preparing data and planning for connection to the pensions dashboards' central digital architecture. This session will provide an in-depth look at the preparations necessary for connecting to pensions dashboards, focusing on data readiness, matching rules, and connectivity processes.

In this session, you will gain insights into the crucial steps involved in data preparation, ensuring that your data is accurate. We will also delve into the intricacies of matching rules, exploring how to effectively link individuals' pension information across different schemes and providers to create a seamless member experience.

The session will cover how to connect to pensions dashboards, outline the integration process with your ISP provider, and explain what to expect when the members when the members show up.

The countdown is on! Preparing for pensions dashboards.

Developments in the risk transfer space have dominated pensions media headlines over the last few weeks:


• New insurers are entering the bulk annuity market,
• Superfunds are now allowed to distribute returns to their investors, and
• Capital requirements have been relaxed for capital backed providers who rescue a pension scheme from the Pension Protection Fund (PPF)


These developments are intended to invigorate innovation and accelerate the pace of consolidation in the pensions market.

So, how should trustees and sponsors of pension schemes navigate these new developments when trying to work out which options are accessible and optimal for securing their members’ pensions?
Join Cardano’s Adolfo Aponte and Jonathan Repp as they consider the key questions for trustees and sponsors that these developments raise.

Redefining the path to securing members’ benefits

Join Gareth Tancred, CEO of the PMI, as he delves into the future of the organisation, highlighting our newly launched re-brand initiative designed to align more closely with the evolving needs of the pensions and retirement industry. This comprehensive session will cover the vision behind the re-brand, the innovative strategies driving this transformation, and the enhanced value it brings to our members and stakeholders. PMI members can look forward to enhanced resources tailored to their professional growth, expanded digital tools for greater efficiency, and a renewed commitment to inclusivity and innovation in our services. These improvements are designed to empower members with the skills and knowledge they need to stay at the forefront of the industry, ensuring they continue to thrive in a dynamic and forward-thinking environment.

The future of PMI

This webinar is aimed at preparing learners for their autumn exams. The team will be guiding learners through the Testreach exam portal, with the aim that learners feel more aware and confident of the end-to-end process that goes into taking online exams. 
There will be an opportunity for learners to ask questions.

PMI Autumn 2024 exam preparation and guidance

The award-winning Annual Conference 2024 (previously known as Pensions Aspects Live) is aimed at pensions professionals and those working in aligned business areas.

This year's conference revolves around the theme 'The Future of Pensions,' with a focus on technology and policy. Annual Conference aims to explore the synergies between technological advancements and policy frameworks in ensuring sustainable, secure, and inclusive retirement systems.

From discussions around AI and automation to regulatory challenges and policy changes, the conference aims to foster dialogue on digital empowerment, innovative investment strategies, and global best practices.

PMI Annual Conference 2024 - highlights video

AI - Showcasing the intuitiveness of AI how it can help organisations
AI - the robots are taking over! Cybersecurity risk
Panel discussion: Harnessing AI for personalised retirement planning

PMI Annual Conference 2024: Harnessing AI and Technology in the Digital Age

A forward-looking analysis of the regulatory landscape and its implications for the DB de-risking market, including anticipated regulatory reforms and their expected impacts on insurer decision-making, from risk management to the investment universe.

PMI Annual Conference 2024: The future of policy in the DB de-risking landscape

Unifying a Fractured Landscape: The Future of Pension Transfers

Occupational pension transfers in the UK are in flux. Manual processes, legacy technology and a mix of disparate systems still contribute to long transfer times and poor outcomes for consumers. But a more unified and streamlined pension transfer space is coming into being.

Attend this session to find out how pension transfers have been evolving over the past decade—including why, already increasing transfer volumes, are set to increase even faster going forward.

Discover how the effects of recent and future initiatives such as those from DWP and TPR could impact transfers. And hear how integration and automation are streamlining the transfer process in the occupational pensions world.

PMI Annual Conference 2024 - The Future of Pension Transfers

The retirement landscape is changing rapidly, as the industry shifts from defined benefit plans to defined contribution plans, meaning individuals have more responsibility and choice over how they save and spend their retirement income.

To support individuals achieve better outcomes in retirement, the Department for Work and Pensions (DWP) has proposed a new requirement on pension schemes to offer their members retirement products and services that meet their needs and preferences. The Pensions Regulator (TPR) has also put forward a number of principles for how it wants the 'at retirement' market to develop, such as ensuring good governance, clear communication, and appropriate investment strategies.

In this session, we will share insights from the UK and overseas on how the industry can respond to these changes and provide DC members with a sustainable income in later life. We will discuss solutions that manage the journey both to and through retirement, and the need for combining investment, technology and lifetime income into default design.

PMI Annual Conference 2024 - The future of retirement income: DC Landscape

How can pension funds streamline their exposure to private assets?

Investment in private markets is on the rise, as capital allocators are pressed to achieve higher potential risk-adjusted returns, access a broader range of alternative asset classes, while seeking to benefit from additional portfolio diversification.

With a growing range of structures available that provide exposure to private assets and positive pension industry reform, UK pension funds are well positioned to capitalise on new investment opportunities.

In this panel, senior representatives from the London Stock Exchange and Infrared Capital Partners will cover the following topics:
• Accelerating the pace of pension reforms and the new aspirations for pension capital
• Accessing alternative and difficult-to-source assets via listed investment companies
• PISCES regulation: A new market facilitating direct access to shares in private companies
• Active asset management: what is the value for money and how is it delivered to the investor?

PMI Annual Conference 2024 - How can pension funds streamline their exposure...

As the pensions landscape evolves, regulatory frameworks must adapt to foster innovation while protecting consumers. In this panel discussion, chaired by Mike Birch, experts Susie Daykin, James Longster, and David Craddock will explore the regulatory challenges and opportunities surrounding the integration of technology and AI in the pension sector. They will discuss some of the potential "use cases" in the pensions space and explore the regulatory, governance and other issues that trustees should be thinking about when AI is used.

PMI Annual Conference 2024  - Challenges and opportunities in pension innovation

The PMI and Schroders are spearheading -The Lifetime Savings Initiative (LSI) bringing together influential stakeholders from across consumer, savings, and pensions markets with an aim to identify, understand and propose solutions to the fundamental challenges faced by people in managing their finances.

This symposium will delve into:

- The future is bigger than pensions
- Understanding the drivers and pain points
- Solutions for a brighter future for all

PMI Annual Conference 2024: The Future of Pensions - Lifetime Savings Initiative

We know saving more for retirement is needed, especially for younger age groups which can be a challenge when mortgages, rent and bills are all still high. We also know that a lot of people may simply cash in pension pots at age 55 without understanding how that affects their tax bill or retirement outcome. Therefore, it’s now more important than ever to engage people with their finances, particularly their pensions!
WEALTH at work will share their latest research, explore the challenges members are facing, why they may not be as engaged with their pension savings as they should be and how we can help members achieve better outcomes at retirement.

It’s all about engagement.

Join us for an exclusive webinar where we delve into the highlights of PMI's Annual Conference, hosted by the PMI. On 9th July, Tim Middleton, PMI’s Director of Policy and External Affairs, will reveal key insights from the event, offering a analysis of its findings.

Key takeaways from PMI's Annual Conference

Recent performance of assets and sharply increasing risk free yields have combined to bring scheme’s end games (including bulk annuity insurance) into the reach of many more schemes. The result has been an acceleration of schemes coming to market targeting a buyout.

Whilst pricing is relatively attractive, we expect demand to remain high or even increase. Forearmed is forewarned and this session will look at the issues that trustees need to consider if they have yet to define their end game or are planning on approaching the bulk annuity market.

Trustee Workbench - Adapting for an end game in an evolving market

Pensions

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Benefits and Compensation

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Human Resources

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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

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Institutional Investors

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Trustee Workbench - Adapting for an end game in an evolving market

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