08.30 – 08.55: Registration and refreshments
08.55 – 09.00: Chairman’s welcome
Francesco Briganti, Secretary General, CBBA-Europe
09.00 – 09.25: Opening keynote speaker: Sustainable pensions for European citizens: How to close the gap
Sandra Hack, Principal Financial Stability Expert, EIOPA
Synopsis: Increased longevity and low birth rates, paired with persistently low interest rates, put pressure on the European pension system. Also, the growing gap between what people expect to receive as retirement income and what they will actually receive – and compared to the basic adequacy of retirement income – has been on the agenda of policymakers globally. How to close that pension gap, but also the funding gap of pension funds, is the pressing question. Sandra Hack, Principal Financial Stability Expert at EIOPA, will explore this key theme.
09.25 – 09.50: Cash-flow driven investing: Becoming a mainstream solution
Julien Halfon, Head of Pension Solutions, BNP Paribas Asset Management
Synopsis: With Defined Benefit pension schemes turning increasingly cashflow negative and traditional Liability Driven Investment (LDI) strategies offering lower returns, schemes are turning to cashflow driven investing (CDI) to better match cashflow while generating higher risk-adjusted returns. Julien Halfon, Head of Pension Solutions at BNP Paribas Asset Management will talk about how CDI has evolved and is fast becoming a necessary solution for pension plans.
09.50 – 10.30: Panel 1: Investment strategies
This panel of pension fund experts will focus on some of the key investment strategies making an impact across pension portfolios in Europe today, and why they are appropriate for the environment pension funds currently find themselves facing.
Panel chair: Andy Cheseldine,Client Director, Capital Cranfield
Jens van Egmond,CFA, Board Member (trustee) and Member of the Investment Committee, Stichting Sportfondsen Pensioenfonds
Martin Hedensiö,Head of Communications and Sustainability, Alecta
Luigi Leo, Member of the Investment Committee, Stichting Pensioenfonds Vopak
Christophe Schaer,Chief Investment Strategist, Compenswiss
10.30 – 10.55: Cross-border and Pan-European landscape: What have we achieved? Where have we been? Where do we go from here?
Francesco Briganti, Secretary General, CBBA-Europe
Synopsis: Despite the well-known challenges of creating cross-border and pan-European pensions, the EU is keen to make them easier and more popular. The new IORP Directive, a new remit for EIOPA (the European Supervisory Authority on pension funds and insurance companies) and the new EU Regulation on the Pan-European Personal Pension Product (PEPP) clearly prove that there is EU political willingness to support cross-border and pan-European pensions: not only in the occupational space, but on a personal level too. There are also clear signs that the market is increasing interested in assessing the possibility of setting up cross-border pensions. The combination of new EU regulations easing cross-border pensions and a growing market appetite indicate a promising for the future of such solutions.
10.55 – 11.20: Coffee break
11.20 – 12.00: Panel 2: Risk management and governance
How are Europe’s pension funds managing their risks? What can we learn from risk management strategies already at play in the European sphere? What more needs to be done on governance to meet member needs? These panellists will explore these themes and more.
Panel chair: Jerry Moriarty, CEO, Irish Association of Pension Funds (IAPF)
Hillevi Mannonen,CRO, Chief Actuary, Ilmarinen
Piet Molenaar, Chairman of the Board, Pensionfund Lloyd’s Register Nederland and board member/investment committee member, PNO Media
Prof. Peter Meier, Board and Investment Committee Member, SV Stiftungen (Pension Plan of SV Group)
12.00 – 12.45: Panel 3: ESG / Sustainability - sponsored byDegroof Petercam Asset Management
This panel will focus on the key developments in Sustainability investing to date, will ask which pension funds are leading the way, and debate whether a road map to approach ESG within pension funds can be established.
Panel chair: George Graham, Fund Director, South Yorkshire Pensions Authority
Théodore Economou, Chair, Investment Committee, Lombard Odier Pension Fund
Evalinde Eelens, Supervisory Board Member, Delta Lloyd corporate pension scheme; Executive Board Member, BPF Particuliere Beveiliging; Board Member, BPF Schilders
Tomás Murillo, Member of the Board, Degroof Petercam Asset Management (DPAM)
Giovanni Vergani, BoD member, Cassa Pensione Città di Lugano
12.45 – 13.45: Lunch
13.45 – 14.25: Panel 4: Financial wellness, member engagement
This session will take a close look at financial wellness in DC schemes and what can and is being done to encouraging member participation and engagement in Europe’s DC schemes.
Panel chair: Tim Reay, Treasurer, International Employee Benefits Association (IEBA)
Jerry Gandhi, Pensions Manager UK & Ireland, Schneider Electric
Kevin O’Boyle, Chief Executive, Kevin O'Boyle Consulting
Snædís Ögn Flosadóttir, Managing Director, EFIA pension fund
14.25 – 15.00: Panel 5: How to make the sector more innovative
The European pensions sector has proved itself innovative in many aspects of pension provision, from innovative investment strategies and scheme designs to innovative technology. We explore some of these aspects but also ask where the sector is falling short on innovation and what it could learn from other disciplines.
Panel chair: Robert Branagh, Managing Director, London Pension Fund Authority
Theo van Kessel, Director Business Improvement & Change, APG
Ruud Kleynen, Chairman of The Supervisory Board, Stichting Pensioenfonds Medisch Specialisten
15.00 – 15.05 - Chairman's round up and close of conference