With significant changes to the regulatory landscape underway the PLSA team will share insights on the current policy context for DB pension risk management, an update on TPR’s latest thinking on the DB Funding Code, and moves to encourage consolidation, including the regime for Superfunds. We will hear and discuss how these trends fit with the findings of Aon’s Global Pension Risk Survey 2021/22, and their findings, including:
- An increase in the number of schemes aiming for buyout as their long-term goal
- A steady reduction in the length of time schemes expect to need to reach that long-term goal
- An increased focus on de-risking investment strategies and increasing interest rate and inflation hedge ratios
- A very clear trend towards embedding ESG principles in investment strategies
- Other risks, such as data, governance and cyber risks, starting to rise up the agenda