For pension fund trustees and their investment consultants only. Not to be distributed to pension scheme members. Capital at risk.
In partnership with:
Labour’s landslide General Election victory in early July was swiftly followed by a deluge of government action in the pensions arena – including the announcement of a Pension Schemes Bill and a landmark pensions review, led by the first ever joint Treasury and Department for Work and Pensions (DWP) minister for pensions Emma Reynolds.
The first part of the review – focused on developing policy in areas including driving "scale" and "consolidation" of DC workplace schemes as well as tackling "fragmentation" and "inefficiency" in the Local Government Pension Scheme – is now underway, with an interim report as well as two significant reform consultations, published as part of Chancellor Rachel Reeves’ Mansion House speech announcements in November.
The second phase of the review will start later this year and, alongside investment, will consider further steps to improve pension outcomes, including assessing retirement adequacy.
In addition to all of this, there was also further pensions change in the Autumn Budget on 30 October – and, while heavily rumoured changes on pensions tax did not go ahead, the Budget did make inherited pensions subject to inheritance tax.
This webinar will take a long-term look at the future of pensions policy – looking at what the government’s key priorities are; how these priorities could be achieved; and the implications for pension schemes and their members.
Presenters
Jonathan Stapleton
Editor, Professional Pensions
Jonathan is editor of Professional Pensions and has been reporting on UK occupational pensions since 2001. He has won a number of awards during his career, most recently the SPP Trade Journalist of the Year Award in 2019. He is also holder of the PMI's Retirement Provision Certificate.
Jeremy Rideau
EMEA Head of LDI, SSGA
Jeremy is responsible for managing our team of LDI and currency portfolio managers as well building out our capabilities in LDI, currency and other solution-orientated fixed income investment strategies.
Prior to joining SSGA he was Head of Solutions Fund Management at Legal & General Investment Management, where he lead a team of fund managers specialised in LDI and outcome oriented solutions for Defined Benefit, Defined Contribution and insurance clients. He has a BSc and Masters in Economics and Management, and MSc in Mathematical Finance.
Olivia Kennedy, CFA®
Senior Retirement Investment Strategist , SSGA
Olivia is a Senior Retirement Investment Strategist at State Street Global Advisors. She is responsible for developing investment strategies and thought leadership. She works with DC & DB pension plans, consultants and platforms in EMEA, predominantly in the UK and Ireland. She is a member of SSGA’s Defined Contribution Investment Group who is responsible for the oversight and ongoing review of the Timewise Target Retirement Funds.
Before joining SSGA in 2017, Olivia worked for Willis Towers Watson as a DC Investment Consultant where she advised DC plans and managed a team of Investment Analysts.
Olivia holds a BSc (Hons) in Economics from the University of East Anglia and is a CFA charterholder.
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.