As part of Pi’s commitment to help develop knowledge and understanding over a wide range of pension subjects, we run a series of breakfast seminars for pension managers, trustees and professional contacts. Our seminars qualify for 1¼ hours of PMI CPD, based on an assessment of the seminar’s value to each attendee, so they also make a meaningful contribution to your CPD.
Now in their fifteenth year, our seminars have many “regulars”, which gives them an informal and friendly ‘club’ feel, as well as facilitating relaxed participation and informed debate. Seminar subjects are topical and each seminar season usually runs from September or October to the following April or May.
25 October 2018 – Transfers, Tendering and Trustees
We may all be over our GDPR hangovers, but other issues continue to cause us to rethink and update our risk registers. The recent Pensions Ombudsman’s decision in respect of the Northumbria Police Authority is just the latest in a number of developments reminding Trustees of the importance of keeping up to date with matters affecting the operation of their pension schemes. On the question of transfers, Angela Sharma (Taylor Wessing) will look at the possible impact of the Northumbria decision and what it might mean for Trustee Boards and risk management.
Meanwhile the Competition and Markets Authority have published their initial findings on the investment consulting market. They have focused more heavily on the risks inherent in the lack of a competitive tender process in the fiduciary markets, but there is also a proposed requirement for Trustees to set objectives when they hire an investment consultant in order to be able to judge quality of the service.
7 September 2017 – Cybersecurity and Data Transfer – Are you the weakest link?
I am not sure whether Brexit or Cyber security heads more news items at the moment, but one thing is clear – They are closely followed by GDPR in pension circles. We have certainly seen numerous updates and webinars on how to ensure your member data stays protected.
18 May 2017 – Communication -members, customers or liabilities?
Trustees and employers are constantly trying to find ways of communicating complex messages. However, behind the stated objective of member communication, or engagement as it is now called, lies the hidden conflicts of communication meeting the needs of more than one master.
As part of its work to examine how Trustee Boards can meet the challenge of scheme governance in the 21st century, TPR published a discussion paper setting out what it is doing to educate and support Trustees of both DC and DB schemes.
8 September 2016 – The Launch of Evolution Trustees – A Catalyst for Change
Our latest breakfast seminar saw the launch of our new trustee company “Evolution Trustees”. As detailed on the day , we believe in working strategically with employers to make the theory of buyout of members benefits a reality. As part of this proactive approach to scheme management with access to quality streamlined support, Craig Harrison, Managing Director of Creative Wealth Management provided additional information on their transfer service to prove any size of scheme can benefit from their approach.
19 May 2016 – Retirement planning in the 21st Century
Whilst the Chancellor’s last budget didn’t release the tax fireworks expected, he did potentially light a long burning fuse with the introduction of the Lifetime ISA (or Lisa as she is already affectionately known). The announcement has already led to the Work and Pensions Select Committee re-opening its inquiry into auto-enrolment after experts raised concerns that LISA could lead people away from workplace pension saving.
25 February 2016 – State Pensions: Everything you wanted to know (but were afraid to ask)
Whilst we often focus on private pension provision most people will rely heavily on a state pension for a significant part of their retirement income. The communication of state benefits is likely to continue to hit the headlines throughout 2016. As part of the pension industry we should all be helping to manage expectations and provide clear information.
09 September 2015 – Making the most of your investment meetings
Given the millions of pounds under the management of pension scheme trustees and the importance to both DB and DC benefits, it is little wonder that investments form a major part of any trustee meeting agenda.
14 May 2015 – Post election – feast or famine ahead?
One week after the 7th May election, what will be the political landscape? Based on media headlines at the moment, the general consensus seems to be Mr Salmond holding the balance of power and Mr Cameron not having to worry about a third term.
This year has seen so many changes in the DC pension world, it would be easy to forget that there are still DB schemes to consider, the majority of which are still open to some form of accrual. It might be a dwindling number, but trustees will still need to deal with the consequences of the cessation of contracting out and the impact on scheme design.
27 February 2014 – Helping protect your pension scheme and its members from fraud
2013 saw an explosion in pension liberation headlines and whilst not all liberation schemes could be classed as fraud, there is no doubt Pension Schemes need to be increasingly aware of how vulnerable their scheme may be to a possible fraudulent activity.