For pension fund trustees and their investment consultants only. Not to be distributed to pension scheme members. Capital at risk.
In partnership with:
Last year’s Mansion House reforms saw some of the UK’s biggest defined contribution (DC) pension schemes commit to investing 5% of their default funds into private market assets by 2030 – a move the new UK Government is set to support through its pensions review and proposals for what it’s calling a 'big bang on growth'.
A number of pension schemes and providers have started to turn their commitments on private markets into reality including Legal & General, a founder signatory of the Mansion House Compact. In July, Legal & General launched its own diversified private markets offering for DC members.
But what are DC scheme members’ views of private market investments and could these type of assets be used to engage them more with their pensions?
This webinar will look at research commissioned by Legal & General and independently conducted by Ignition House, to find out what DC members know about private markets and what they think about them.
It will discuss what type of assets could be included in private market portfolios in DC and whether these type of investments might be able to offer wider societal benefits as well as longer-term financial returns for pension funds.
The webinar will also examine how investments by DC schemes could benefit the UK economy and help drive long-term growth.
Presenters
Jonathan Stapleton
Editor, Professional Pensions
Nilly Ozdemir
DC Member Proposition Director, L&G
Jayesh Patel
Head of DC Clients, Legal & General
Jayesh joined Legal & General in January 2024 and was previously Co-Head of the DC Consulting Team at WTW where he was responsible for the UK DC Consulting Team’s client, colleague and financial management. He has 20 years of experience in DC pensions and has worked as the lead consultant for a number of large corporate and trustee clients, providing clear and strategic advice on all areas of their DC pension plans including scheme design, investment strategy, financial wellbeing, retirement support and governance.
Alastair Russell
Pensions Director
EDF Energy
Alastair Russell is Pensions Director at EDF Energy, taking on this role in 2018, having been a Trustee between 2005 and 2018, as well as an EPTL Director. Before then he was Treasury and Insurance Director at EDF Energy and previously Group Treasurer at British Energy until it was acquired by EDF Energy in January 2009. He joined British Energy shortly before its privatisation in 1996 and since then has worked in a number of roles covering taxation, corporate finance, financial reporting and treasury before being appointed Group Treasurer in 2005. Alastair was also part of the core team involved in the Restructuring of British Energy between 2002 and 2005. Prior to joining British Energy, he focussed on tax, leaving PW at a Senior Tax Manager.
Alastair has a Bachelor of Accountancy degree from Glasgow University and is a qualified Chartered Accountant with ICAS.
Key Risks
The value of investments and the income from them can go down as well as up and you may not get back the amount invested. Past performance is not a guide to future performance.
Key Risk Warnings
Past performance is not a guide to future performance. For professional investors only. The value of investments and the income from them can go down as well as up and you may not get back the amount invested. The details contained here are for information purposes only and do not constitute investment advice or a recommendation or offer to buy or sell any security. The information above is provided on a general basis and does not take into account any individual investor’s circumstances. Any views expressed are those of LGIM as at the date of publication. Not for distribution to any person resident in any jurisdiction where such distribution would be contrary to local law or regulation.
This financial promotion is issued by Legal & General Investment Management Ltd. Registered in England and Wales No. 02091894. Registered office: One Coleman Street, London EC2R 5AA. Authorised and regulated by the Financial Conduct Authority.
© 2024 Legal & General Investment Management Limited, authorised and regulated by the Financial Conduct Authority, No. 119272. Registered in England and Wales No. 02091894 with registered office at One Coleman Street, London, EC2R 5AA.