Southern Pensions Conference, Southampton - 24 November 2011

 

details

pensions - keeping control in challenging times

Blake Lapthorn and Lane Clark & Peacock LLP hosted a Southern Pensions conference at Blake Lapthorn's Chandler's Ford office on 24 November.  They looked at the challenges facing employers, trustees and employees as the pensions landscape continues to shift.

For those with defined benefit schemes, the conference looked at how to really understand the liabilities and how these can or might be better managed.

For those with defined contributions, the conference looked at adequacy, as well as the potential impact of NEST and auto-enrolment.

And for both defined benefit and defined contribution schemes, the conference looked at some of the options available for making the assets work harder through being smarter.

All of this was considered and debated against the backdrop of continuing changes to the demographic and legal framework, with the scrapping of the default retirement age, the challenges of an ageing workforce and the consequent effect on, and options for, benefits and flexible retirement.

To view the slides and the programme, please see below.

programme  

9.00  am    Registration/coffee
9.30 am

Introduction/background/scene setting
Adrian Lamb, from Blake Lapthorn's Pensions team, will:

  • describe the current position with employers, particularly those with legacy issues from defined benefit schemes
  • pose some questions arising from the past, the present and the future including auto enrolment  scrapping Default Retirement Age, value of data audits, adequacy in a DC world, etc
  • start to look opportunities to plan and to act now.
9.45 am

What really worries me is ...
A typical, but entirely fictional, conversation between a new member trustee and the Chairman of the Trustees (who also happens to be the Finance director of the sponsoring employer).

10.00 am

Will I ever know what our liabilities really are?
Nicola Walker, from Blake Lapthorn's Pensions team, will look at what you need to do in order to make sure you really know what your liabilities are, looking at the latest developments on GMP equalisation, plus some examples of problem areas, eg ineffective scheme changes, problems with data, etc lessons from the recent past, including last minute problems, and how to be pro active.

10.25 am

De risking - what could we do tomorrow? What can we do today?
Richard Murphy, Lane Clark & Peacock, look at various liability management and reduction options, including buy ins and incentive exercises with a particular focus on options available to schemes of all sizes, recent developments in the past year and what might be coming.

10.50 am Making your assets work smarter
Kevin Frisby, Lane Clark & Peacock, will look ways in which you can make your assets work harder and how trustees can be smarter about this, examining the pros and cons of fiduciary management for DB assets and the most suitable choices for DC investments, including lifestyling, default options.
11.15 am Coffee
11.40 am Auto-enrolment and DC adequacy
Andrew Cheseldine, Lane Clark & Peacock, will explain what employers and trustees will need to do to comply, and when this will apply, and also look at what would an adequate fund look like?
12.10 pm Dealing with older employees - flexible retirement and effect on other benefits
John Hamilton, from Blake Lapthorn's Pensions team, will look at some of the pensions and benefits challenges and issues arising from having to deal with an older workforce, with the scrapping of the Default Retirement Age, the impact of age discrimination legislation, the scope of exemptions for certain insurance coverage, etc., plus some of the practical issues associated with flexible retirement.
12.35 pm What is the future for retirement? 
Adrian Lamb, from Blake Lapthorn's Pensions team, will then look ahead at what might be the pattern of future working and retirement, taking account of both the immediate challenges and the longer term impact of demographics, medical advances, etc.
12.45 pm Summing up and panel Q&A
1.00 pm Lunch


location

Blake Lapthorn
New Kings Court
Tollgate
Chandler's Ford
Hampshire
SO53 3LG

map link

 

date

Thursday 24 November 2011

time

9.30 am - 1 pm followed by lunch

contact

If you would like further information please email events@bllaw.co.uk.