Programme

BOOK PLACES 

keynote speakers include:

Rishi Sunak MP, Minister for Local Government
Lesley Titcomb, Chief Executive, The Pensions Regulator
Martin Clarke, Government Actuary, Government Actuary’s Department
Jeff Houston, Head of Pensions, Local Government Association

Cathy Newman, Journalist and Broadcaster
Steve Bull, former Team GB and England Cricket Psychologist
Rt Hon Alan Johnson, former politician (after-dinner speaker)

 Monday 21 May

12:00

Registration opens

13:00- 14:00

Local pensions board networking lunch

Open to Local Pension Board representatives only. If you have not done so already please nikolina.hudi@plsa.co.uk to book your place.

14:00 - 15:00

Learning Zone session 1 sponsored by Mercer

Please click here for full details

15:00 - 15:30

Refreshment break in the exhibition hall

15:30 - 16:30

Learning Zone session 2 sponsored by JLT Employee Benefits

Please click here for full details

16:30 - 16:45

Refreshment break in the exhibition hall

16:45 - 17:45

Fringe meeting sponsored by Wellington Management

Please click here for full details

17:45 - 19:00

Welcome drinks reception in the exhibition hall

19:00 - 21:00

Dinner in the hotel restaurant (no formal arrangements)

 

Tuesday 22 May

  

08:30

EXHIBITION OPENS AND COFFEE SERVED

Plenary 1
09:00 - 09:10

CHAIR'S WELCOME AND INTRODUCTION

Richard Butcher, Chair, PLSA

PLENARY 2
09:10 - 10:00

VIEW FROM GOVERNMENT

The recently-appointed minister for local government discusses his vision for local authorities, including house building and infrastructure, as well as the challenges and opportunities that lie ahead for the Local Government Pension Scheme.
Rishi Sunak MP, Minister for Local Government
Chaired by Richard Butcher, Chair, PLSA

PLENARY 3
10:00 - 11:00

ENSURING VALUE FOR MONEY IN INVESTMENT MANAGEMENT FEES

Since the Code of Transparency’s launch, the call for disclosure of management fees has increased, with owners and regulators pushing for fee disclosure across asset classes. With new recommendations emerging from the IDWG, and lessons learned from the LGPS, what are the next steps for funds, advisers and service providers?
Tim Giles, Head of UK Investment Consulting, Aon Hewitt
Jeff Houston, Head of Pensions, Local Government Association; Co-Deputy Chair, Institutional Disclosure Working Group
Andrien Meyers, Head of Treasury and Pensions, London Borough of Lambeth; Senior Policy Adviser, LGPS Scheme Advisory Board
Chaired by Richard Butcher, Chair, PLSA

11:00 - 11:55

REFRESHMENT BREAK IN THE EXHIBITION HALL

Stream Session 1
11:55 - 12:40

Data and 
governance STREAM

Sponsored by

SOLVING THE DATA CHALLENGE: THE KEY TO A BETTER FUTURE

In the future, the LGPS will have mastery over data throughout the lifecycle, facilitating an efficient and automated service to its stakeholders. An exploration of the journey to high quality data, using analysis and case studies to identify quick wins, key milestones and technology to make data improvement self-financing.  
Sean Collins, Head of Pension Fund, Oxfordshire County Council
Catherine McFadyen, Partner and Actuary, Hymans Robertson
Chaired by: Joe Dabrowski, Head of Governance and Investment, PLSA

Investment
STREAM

Sponsored by

HOW INVESTING TOGETHER TODAY HELPS CREATE A BETTER TOMORROW

Agreement on how to measure the outcomes of responsible and impact investments has been elusive, with different scores, indices and factors all competing for investors’ attention. Implementation may prove challenging. What are the practical considerations to get this right? What should schemes expect from their asset managers regarding KPIs and ESG reporting?

Matt Christensen, Head of Responsible Investment, AXA Investment Managers

Dawn Turner, Chief Executive Officer, Brunel Pension Partnership

Chaired by: Rachel Brothwood, Director of Pensions, West Midlands Pension Fund

 

NEW HORIZONS
STREAM

Sponsored by

SHOULD LOCAL AUTHORITY SCHEMES SHARE MORE SERVICES?

With investment pooling completed, local authority schemes may look to create additional efficiencies in sharing services, potentially around data, administration and governance.  What can LA schemes learn from the consolidation arrangements made by the non-pensions areas of the local authorities? Must shared services always equal a loss of control?
Nigel Keogh, Operations and Development Manager, National LGPS Procurement Framework
Neil Mason, Head of Pensions, Surrey Pension Fund
Chaired by: Nicola Mark, Head of Norfolk Pension Fund

 

 

 

 

 

 

 

 

 

12:40 - 14:00

LUNCH SERVED IN THE MAIN HOTEL RESTAURANT

PLENARY 4
14:00 - 14:45

ECONOMIC SCENARIO FOR THE UK

The near-term outlook for the UK depends largely on the outcome of the Brexit negotiations. While both sides require further concessions from current positions, there are reasons to be optimistic.  Significant challenges to public finances will remain, rendering it essential that schemes employ the full array of investment opportunities. 

Karen Ward, Chief Market Strategist EMEA, J.P. Morgan Asset Management

Chaired by: Tiffany Tsang, Policy Lead: LGPS and DB, PLSA

Stream Session 2
14:50 - 15:35

Data and 
governance STREAM

Sponsored by

THE SUM OF OUR PARTS – 2017 SCHEME ANNUAL REPORT

The launch of the 2017 LGPS Annual Report gives us a chance to reflect on the year’s most critical successes and challenges. These findings provide a base for discussion on key issues likely to dominate 2018, including what can be done to ensure greater LA compliance with MHCLG directives.
Teresa Clay, Head of Local Government Pensions, Ministry for Housing, Communities & Local Government
Cllr Roger Phillips, Chair, LGPS Advisory Board; member of Herefordshire Council and Worcestershire Pensions Committee
Chaired by: Joe Dabrowski, Head of Governance and Investment, PLSA

 

 

 

Investment
STREAM

Sponsored by

ACCOUNTABILTY IN THE LGPS INVESTMENT POOLS

The eight LGPS investment pools are completed, with each developed according to the wishes of the funds that have joined it.  In the absence of formal regulation covering the local authority investment pool relationship, how do the local authorities plan to hold their pools accountable?

Chris Hitchen, Chair, Border to Coast Pensions Partnership

Abigail Leech, Head of Fund, Lancashire County Pension Fund

Chaired by: Phil Triggs, Tri-Borough Director of Treasury and Pensions, Westminster City Council

 

NEW HORIZONS
STREAM

Sponsored by

INVESTING IN SOCIAL REAL ESTATE

Social real estate investment represents a potential win/win for local authorities, allowing them to alleviate housing shortages and improve the provision of social infrastructure in their own area whilst providing a CPI-linked hedge against their CPI-linked liabilities. How can local authority schemes ensure their social real estate investments serve this dual purpose?

Hugo James, Partner and Head of Long Income, Alpha Real Capital

James Murray, Portfolio Director, Social Real Estate, Alpha Real Capital

Chris Rule, Managing Director & Chief Investment Officer, Local Pensions Partnership

Chaired by: Caroline Escott, Policy Lead, Investment and DB, PLSA

 

 

 

 

 

 

15:35 - 16:00

Refreshment break in the exhibition hall

PLENARY 5
16:00 - 16:45

THE 3 R’S – RESOURCING, RECRUITMENT AND RETENTION

The LGPS has been charged with delivering unprecedented reform during a period of challenging economic, budgetary and operational conditions. Continuing to manage this effectively, requires strong leadership, governance and, importantly, adequately resourced and capable teams. We explore the experiences and best practice examples of resourcing and talent management.
Yunus Gajra, Business Development Manager, West Yorkshire Pension Fund

Philip Latham, Pension Fund Manager, Clwyd Pension Fund
Clare Scott, Chief Executive Officer, Lothian Pension Fund
Chaired by Joe Dabrowski, Head of Governance and Investment, PLSA

Plenary 6
16:45 - 17:30

USING CHANGE AS THE CATALYST TO GROW STRONGER

When faced with change organisations and the people that comprise them must be resilient while remaining committed to their goals.  A leading sports psychologist gives practical guidance on empowering teams to perform their best in highly pressurised situations.
Steve Bull, former Team GB and England Cricket Psychologist
Chaired by Joe Dabrowski, Head of Governance and Investment, PLSA

19:00 - 22:00

Conference Dinner sponsored by mfs

After dinner speaker,  Rt Hon Alan Johnson, former Home Secretary

 

Wednesday 23 May

09:00

EXHIBITION OPENS AND COFFEE SERVED

Plenary 7
09:30 - 10:15

GETTING GOVERNANCE RIGHT

Good governance is essential to pension schemes delivering good member outcomes.  The Pensions Regulator explains their focus and priorities for public service schemes over the coming months, as well as their new ‘clearer, quicker, tougher’ approach. What will this new approach mean, in practice, for local authority schemes? 

Lesley Titcomb, Chief Executive, The Pensions Regulator
Chaired by Richard Butcher, Chair, PLSA

Plenary 8
10:15 - 11:00

COST CAPS AND THE GOVERNMENT ACTUARY’S DEPARTMENT

Managing costs remains vital to ensuring the sustainable future of the LGPS. What can past valuations tell us about the new cost
control mechanisms? What are the big challenges and opportunities in this area? How do the Scheme Advisory Board’s KPIs fit into the new
governance framework?

Martin Clarke, Government Actuary, Government Actuary’s Department

Denise Le Gal, Chair, Brunel Pension Partnership; Board Member, LGPS Advisory Board

Chaired by: Tiffany Tsang, Policy Lead: LGPS and DB, PLSA

11:00 - 11:30

REFRESHMENT BREAK IN THE EXHBITION HALL

Plenary 9
11:30 - 12:15

UNDERSTANDING THE COUNCIL FUNDING REVOLUTION

A revolution in the local authority funding system is underway. Cuts to grants, and the introduction of business rates retention and localised council tax benefits mean stronger financial incentives for local growth, but also brings greater new funding risks. What are the knock-on effects for council pensions and investments?

David Phillips, Associate Director - Local and Devolved Finance and TaxDev Centre, Institute for Fiscal Studies

Chaired by: Tiffany Tsang, Policy Lead: LGPS & DB, PLSA

Plenary 10
12:15 - 13:00

UK CURRENT AFFAIRS OVERVIEW

One of the nation’s best-known broadcast journalists discusses current political affairs while sharing some ‘behind the scenes’ stories on interviews she has conducted and the workings of the modern newsroom. 

Cathy Newman, Journalist and Broadcaster
Chaired by Richard Butcher, Chair, PLSA

13:00 

Lunch, close of conference

 

Pensions and Lifetime Savings Association reserves the right to amend the programme.
This conference qualifies for up to 7 hours CPD under the PMI CPD Scheme and may qualify for CPD hours under the schemes of other professional bodies.