This seminar focused on the future for the UK pensions fund market.
It was timed as Government developed a response to its Green Paper on defined benefit (DB) pension schemes in the private sector, and brought out latest thinking on what more can be done to develop security and sustainability in their management - looking at key issues around optimal investment, employer affordability, member protection and the consolidation of schemes.
As Government considered feedback on its proposals for new regulations on the bulk transfer of defined contribution (DC) pensions without member consent, delegates also considered the future for pension fund consolidation - particularly in terms of what can be done to reduce burdens on schemes, and the opportunities that reforms might present for driving scale and efficiency in the DC market.
Further sessions assessed the investment outlook for the pension fund market, with perspectives on how fund managers can mitigate the effects of quantitative easing and the low interest environment, latest developments in divestment movements and their implications for the market and consumers, as well as the long term impact of Brexit.
This conference brought together Members of both Houses of Parliament and senior officials from central government departments, as well as representatives from pension scheme providers, investment managers, financial advisors, employers, trade unions and consumer groups, alongside academics and reporters from the national and trade press.