The Influencers of 2020

Michael Lallali

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As an experienced professional who has been in the pensions industry for, shall we say, a modest amount of time, one thing has become abundantly clear to me… If you want to play a senior role within the world of pensions you need a good network of professional connections, across various professions and you need to understand a bit about what they do.

Whenever I attend an event, my Directors always make it look so easy. I’m sure it helps that they seem to know everyone already, but I often question when and how will I develop my own network of contacts across the industry.

So when I was asked to chair the first ‘Future Influencer’ event on the 5th December, with the aim of helping me and others with the same question, I jumped at the opportunity.

The Future Influencer events are targeted at mid-level professionals, the ‘up and comers’, and provide them with a friendly and informal platform to meet and learn from various firms within the pensions industry.

The idea was met with great enthusiasm by all who are looking to take the next step in their careers, like myself.

We welcomed attendees from a variety of professions, including lawyers, trustees, administrators, investors, marketing and PR . The event was a great success and everyone commented on how much they enjoyed discussing their recent experiences and updates on all matters effecting pension schemes, in such a relaxed setting.

The Agenda:

After a light breakfast, the event began with Angela Burns (Spence and Partners) providing an overview of the new FRS102 accounting requirements, and how this will impact the pension costs on balance sheets in the future. You can read more about Angela’s FRS102 accounting requirements presentation here .

Sarah Bonamy (Pinsent Masons) then briefed the group on her own considerable experience in connection with Pensions Liberation. Sarah discussed real life practical applications such as how cases have progressed through the courts and how the industry is combatting the problem whilst highlighting how the public are being targeted. For more insight into the murky waters of Pension Liberation download Sarah’s presentation here.

Sam Shaw (Redington) explained more about the services that Redington provide, and highlighted why pension schemes may wish to adopt an interest rate hedging strategy in the current low interest rate environment. To find out more about why Sam thinks Pension Scheme Liability Hedging is so important download his presentation or read his more detailed blog here.

To round off the development part of the event, I was pleased to run through importance of networking, and developing contacts as well as some take-home ‘Do’s and Don’ts’ of networking. You can download my presentation here.

After the presentations, there was time for everybody to network and make new contacts.

We look forward to welcoming everyone back and hopefully some new faces to our next event in March 2014. If you or someone within your team would be interested in attending any upcoming Future Influencer events, please contact Lauren Jones (lauren_jones@spenceandpartners.co.uk) for more information.

Michael Lallali

Post by Michael Lallali

Michael currently works as a Pension Consultant at our London office. He has particular strengths in assisting with defined benefit pension arrangements, more noteably scheme amendments, data issues and the development of software tools. Michael joined Spence in 2013 as a Pensions consultant and part-qualified actuary with 7 years’ experience. Michael started his career as a valuation specialist, calculating the actuarial liabilities for some of the largest pension schemes in the UK. Michael then moved into the more traditional pension consulting environment, acting as the primary point of contact for clients and supporting the Scheme Actuary. Michael’s broad ranging background provides clients with a useful single point of contact that can assist with both actuarial and administrative needs.