DC Focus: Achieving Good Retirement Outcomes

Andy enjoys a portfolio career as a trustee and Non Executive Director. In the world of pensions, he is Chair of Trustees of the Nat West DC Plan, a NED at Capital Cranfield, and a member of the Investment and Funding Committee of the Lloyds Banking Group DB pension schemes.

Until 2019, Andy spent 30 years at Aon as an actuarial and Investment consultant, was a member of the Global Retirement & Investment Leadership and CEO of Aon Hewitt Ltd in the UK. He also sat on the Aon Global Operating Committee.

In his spare time, Andy enjoys skiing and scrambling with his family and has recently passed his private pilots license.  He is also looking forward to more success supporting Wales on the rugby pitch.

Fiona is currently Group Head of Pensions & Benefits at Rolls-Royce Plc. Her role is a hands on one in the UK, with fiduciary and strategic responsibilities outside the UK. Fiona is also global lead on Financial Wellbeing strategies. Fiona has previously held in house Pensions and Reward lead roles at Thomas Cook Plc and Electricity North West.

Prior to her in-house roles, Fiona spent 14 years at the Big 4, in consultancy roles. Fiona’s passion is financial wellbeing, improving general numeracy skills and better supporting people in making effective short and long term financial decisions.

Adrian is Business Development Director, Destination Retirement at HUB Financial Solutions. He is passionate about delivering innovation in the retirement space to help people achieve a better later life.

Prior to joining HUB Group, he held senior sales and marketing management roles at Barnett Waddingham, Sacker & Partners and Towers Perrin. He is Chair of the Central London Group PLSA Committee and a regular judge at industry awards.

Adrian started his career at Pearl Assurance after gaining his degree in Management Sciences from UMIST (now Manchester University). Outside of work, he plays football and is a keen runner.

Andy has an established track record of driving DC strategies to meet the requirements of the UK’s largest employers. Prior to his current role of Master Trust Strategic Development Director at Aegon UK Investing, Andy was at Standard Life Group for over 25 years working within the Group’s DC Corporate business and the Asset Management arm as an Investment Director.

Latterly, he was Head of Market Strategy at Atlas Master Trust. He is a regular pension trade press contributor and presenter at pension and investment conferences in the UK and overseas and former chair of the DC Investment Forum.

Dr Martin Fahy is Chief Executive Officer of the Association of Superannuation Funds of Australia (ASFA). He joined ASFA in November 2016, and was previously a Partner in management consultancy at KPMG, where he worked with clients across the financial services and other sectors to drive transformational change.

Martin has worked in a consulting and advisory capacity in the US, Europe, the Middle East and Africa and Asia Pacific. He is a recognized thought leader in the field of Shared Services, Business Process Outsourcing (BPO) and Finance Transformation. He has presented at more than 500 industry and academic conferences and has published five books, three monographs and numerous articles.

From 2007 to 2011, Martin was CEO at the Financial Services Institute of Australasia (FINSIA) where he led the organisation’s transformation post the sale of its education business. Prior to FINSIA, he led strategy and development for the Chartered Institute of Management Accountants (CIMA) in Asia Pacific.

Martin holds a Ph.D from the National University of Ireland, is a former senior Fulbright scholar and has extensive research and policy experience from his time as an academic. He is an Adjunct Professor at the University of Technology Sydney, where he is also Chair of the Centre for Management and Organisational Studies (CMOS) Advisory Board.

David is a recognised international expert on pensions and wrap platforms. He has more than twenty years’ experience of pension reform issues in Australia, The Americas, Israel, New Zealand, Asia, South Africa, United Kingdom and Europe. 

 

A former financial services and competition regulator, David has served on Australian and Irish Government inquiries into public and private sector pensions.  In 2013, he served as an adviser to the OECD in their review of the Irish Pension System.  Subsequently David has advised clients on Irish, NZ and Australian pension reform developments.

 

Prior to founding TOR, he was a senior consultant with Watson Wyatt & Company in the United Kingdom and Research Consultant with Watson Wyatt LLP in Washington, DC. He has testified several times before the U.S. Congress (House Ways & Means and Commerce Committees and Senate Ageing) on international social security and pension reform aspects.

 

David was awarded the AMP Churchill Fellowship to study what influences public confidence in the life insurance and retirement industries across seven international jurisdictions, and he has written extensively in European trade journals on the issues of pensions and funds management. He has a Bachelor of Business in Accounting and post-graduate qualifications in bank management.

After graduating in 1976, Glyn started with CT Bowrings working on the administration of their staff pension schemes. He then worked in pension consultancy for a few years before joining the trade union Nalgo in 1987. After merger in 1993, he became Head of Pensions for the new union UNISON. Glyn has been at the forefront of all the regulatory changes for the LGPS and NHSPS advising members and supporting negotiations. He has also worked on all the other pension schemes that UNISON members belong to, in the energy, water, higher education and voluntary sectors.

He led negotiations to allow contractors to be able to gain admitted body status in the LGPS for outsourced members in 2000. He has supported members through the pension disputes in 2007 and 2011, and works continuously on protecting good pension provision for members and increasing employer contributions to DC arrangements, where this is not possible.

Hal is an Associate Director within the Distribution Insight team at Broadridge. He is responsible for using insights generated by Broadridge’s unique datasets to advise asset managers on key opportunities across the world’s retail and institutional market, with a primary focus on EMEA.

Hal is a key contributor to Broadridge’s work on UK DB and DC pensions, and retirement income. He also leads research into various product segments, the various strands of factor investing being an area of particular expertise.

He holds an MSc Economics from LSE and taught introductory economics to undergraduates at the university.

Ian is a highly experienced pensions investment executive. Most recently, he has been the Chief Investment Officer at Lloyds Banking Group Pensions, overseeing some £40 billion of assets across both DB and DC sections. He joined Lloyds from Aviva, where he carried out a similar role. Prior to that, he was the CIO of the Pension Protection Fund. Ian is also a member of the actuarial profession’s Finance and Investment Board, while also being Chairman of EPFIF’s Pension Fund Investment Advisory Committee.

Sophia joined XPS Pensions Group in June 2020 to lead their DC business, helping clients deliver top class DC services to their members. Prior to that, she led Aon’s DC Consulting business. Sophia has over 24 years’ experience in the UK pensions industry and advises corporates and trustees on a range of DC pension solutions, developing and delivering DC strategies that optimise scheme design, ensuring effective governance and improving member outcomes. She is a well-known industry and media commentator on DC market developments and feels passionately that we must tackle short-term financial resilience as well as deliver better long-term post-retirement products, if we’re going to help today’s workforce to retire with the security and lifestyle they want; she is regularly quoted in the press and presents on DC issues at industry events.

Henry is the founder of both AgeWage and the Pension PlayPen, designed to map the pensions genome and ensure everyone gets data driven information on value for money. He has worked most of his career in pensions, most recently as a Director of First Actuarial, and notably at Eagle Star and Zurich Assurance.

He is a well known blogger on all pensions-related issues at henrytapper.com.

Janette is one of the founding directors of Ignition House. She has more than twenty years research experience and brings a broad range of research and consultancy skills and experience from her previous roles. Janette is responsible for new business development and is Head of the Financial Services and Public Sector Practices. She started her career as an economist at the Department of Work and Pensions, where she spent five years advising ministers and policy makers. This gave her a solid grounding in research skills and an understanding of the public sector.

She moved to be Chief Economist at the Association of British Insurers to build detailed knowledge of the insurance sector. From there, she led a team of thirty analysts covering all aspects of Financial Services as Head of UK Financial Services Research at McKinsey and Company. She was part of a pan-European team, which gave an international flavour to her research skill set. She also worked in a small team for a year to develop and implement McKinsey’s knowledge management strategy.

As Director of the Financial and Public Sector Practice at IQ Research, she built a solid practice of bespoke and syndicated work for financial services companies, economics consultancies, regulators, and trade associations. Janette is a well-known industry expert on the life and pensions sector, and often writes articles for the trade press.

Kevin acted as an actuarial adviser to both trustees and employers, – not just DB and DC schemes but also Collective DC (CDC) arrangements. He has always been at the forefront of developments in pensions. He was early into DB end game components, such as buyout and member options. He was a lead member of the PLSA DB Taskforce (that suggested the creation of Superfunds) and a key player on an actuarial Working Group that produced the definitive paper on End Games. On DC, he was involved in improving investment options and communication strategies, as well as decumulation strategies (more to do!). Equally he was involved in the nuts and bolts of mastertrust authorisation.

Kevin’s deep technical expertise in pensions is matched by the energy and enthusiasm he brings to the subject – he has a strong drive to get to sensible, balanced outcomes for trustees, members and sponsors alike.

Kevin is a Fellow of the Institute and Faculty of Actuaries, an APPT member and honorary FPMI. He has two charity appointments.

Rob is Head of Long-Term Savings Policy at the Association of British Insurers. Since joining in January 2012 he has led the ABI’s work on customers’ retirement choices, responding to pension freedoms, and policy and governance around pensions dashboards.

He now oversees long-term savings policy areas from automatic enrolment to social care, and from investment platforms to Defined Benefit pensions. He previously worked at the Money Advice Service, the FSA and in policy and public affairs roles in the voluntary and private sectors.