Conference DC and Master Trust Symposium 20 Apr 2023 The Waldorf Hilton London, London, UK DC and Master Trust Symposium The DC and Master Trust Symposium draws on our expertise on topics related to DC governance, workplace pension provision, investment, the pension dashboard and more. It is a must-attend event for employers, trustees, DC pension fund members and any pension professional working within the DC pension market. Event Details THE BASICS Topics of discussion: More details to follow. Watch the DC and Master Trust Symposium 2022 highlights here. Who should attend: Pension scheme managers Trustees Administrators Policy advisers Consultants Lawyers Corporate IFAs Investment managers Actuaries Communication professionals Scheme secretaries Financial directors HR representatives Agenda 08:30 - 09:00 Registration and networking breakfast 09:00 - 09:05 Welcome 09:05 - 09:40 Topic TBC Emma Botton Tesco Group Brand, Proposition and Marketing Director More details to follow. 09:40 - 10:25 Legal obstacles to a satisfactory member journey Gareth Craft Gareth Craft Linklaters Managing Associate, London Jack Gillions Jack Gillions Linklaters Associate, London Gareth Craft and Jack Gillions from the Linklaters Pensions team will discuss some of the key legal hurdles Trustees need to overcome, viewed through the lens of the member’s perspective and experience, on transfers to a DC master trust and when entering the decumulation phase. They will look at some of the key practical and regulatory issues faced by Trustees when giving guidance to help members navigate the options during the decumulation phase, along with the potential legal risks of introducing decumulation options into a scheme at retirement. 10:25 - 10:45 Coffee break 10:45 - 11:20 The Return of Inflation Risk - Lessons from 2022 for DC Investors Jos North Jos North Ruffer LLP Investment Director 2022 was the year inflation returned with a vengeance. This new regime is not just about higher average inflation, but also higher inflation volatility. There was nowhere to hide as equities and bonds fell together making traditional diversifying techniques redundant - particularly painful later in the lifecycle. We will explore what this means for DC portfolios, taking tangible lesson from 2022. 11:20 - 11:55 “Teamwork Makes the Dream Work” – How the TPR and FCA are working together on pensions matters Helen Ball Helen Ball Sackers Partner Adeline Chapman Adeline Chapman Sackers Partner The Pensions Regulator and the Financial Conduct Authority are close cousins. They are both regulators who deal with pensions but approach it from a different angle. Until recent years they have not been operating in the same territory but now the barrier between these territories is fading. How is this affecting providers, employers and pension scheme trustees right now? Will the new consumer duty mean that some mastertrusts find themselves being regulated by more than one regulator? What influence could this have on the development of the pensions industry in the future? This session will bring the various strands together to look at where the collaboration between the two regulators might be heading and what impact this could have on us all. 12:00 - 12:35 Breakout session: Income Adequacy Panel Discussion Anish Rav Anish Rav Smart Pensions Director of Retirement George Currie George Currie LCP Consultant Kim Gubler Kim Gubler KGC Associates Director 12:00 - 12:35 Breakout session 12:35 - 13:35 Lunch 13:35 - 14:10 Breakout session Henrietta Pacquement, CFA Henrietta Pacquement, CFA Allspring Global Investments Senior Portfolio Manager, Head of Global Fixed Income More details to follow. 13:35 - 14:10 Breakout session More details to follow. 14:15 - 14:50 Panel Discussion: Accessing private markets for defined contribution schemes Antony Esposito Antony Esposito Partners Group (UK) Limited Head of UK Consultant Relations, Client Solutions Joshun Sandhu Joshun Sandhu Mobius Life Head of Investments Steve Budge Steve Budge LCP Partner Andrew Warwick-Thompson Andrew Warwick-Thompson Scottish Widows Master Trust Chair of Trustees This panel will discuss how DC schemes, both single employer and master trusts, can incorporate private markets investments into default portfolio allocations today. Conversation topics will include how to overcome challenges such as charge cap considerations, daily pricing, liquidity management and performance fees in a DC world. Lastly, this session will also address continued government encouragement by reducing barriers to access such private markets investments for DC investors. 14:50 - 15:10 Coffee break 15:10 - 15:45 Topic TBC More details to follow. 15:45 - 16:30 Keynote speech More details to follow. 16:30 - 17:30 Drinks reception