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    A new era for DB Pensions: Power, Purpose and possibility

    A new era for DB Pensions: Power, Purpose and possibility

    UK private sector DB schemes are entering a defining era.

    With many now in surplus and new legislation in progress, trustees have an unprecedented opportunity to rethink not just their strategy, but their ambitions and how their decisions could shape the future of their members and the UK.

    UK private sector DB schemes are entering a defining era.

    With many now in surplus and new legislation in progress, trustees have an unprecedented opportunity to rethink not just their strategy, but their ambitions and how their decisions could shape the future of their members and the UK.

    RSVP

    We are delighted to invite you to a morning event exploring the evolving role of DB schemes, which we believe will help set the agenda for trustees and their advisers in 2026 and beyond. We will explore the evolving role of DB schemes, hearing from leading voices in pensions, policy and investment, including Steve Webb, former Pensions Minister and Paul Johnson, one of the UK’s leading economists and former director of the Institute for Fiscal Studies.

    Agenda

    Speaker biographies

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    Sir Steve Webb

    Former Pensions Minister

    Sir Steve Webb

    Former Pensions Minister

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    Biography from Summit 2024 - please check/update

    Sir Steve Webb’s first role was as a micro-economist with the Institute for Fiscal Studies for nine years, followed by two years teaching social policy at Bath University. He was unexpectedly elected to Parliament in 1997, and served for 18 years, the last five of which he was Pensions Minister.

    During his time at DWP Steve oversaw the successful implementation of automatic enrolment, helped design and legislate for the new state pension and played a key role in the ‘pension freedoms’ introduced in 2015. Since leaving politics he has worked for four years for the mutual insurer Royal London commenting on all matters relating to pensions and in 2020 joined LCP as a partner, advising and commenting on a wide range of DB and DC pensions issues and speaking at a variety of events.

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    Paul Johnson

    Former director of the Institute for Fiscal Studies

    Paul Johnson

    Former director of the Institute for Fiscal Studies

    Paul is one of the UK’s leading economists and economics commentators.

    Having worked in economic research, in consultancy and in government he became director of the Institute for Fiscal Studies in 2011, serving for nearly 15 years. In that role he helped cement the IFS’s place as the UK’s go-to organisation for high quality independent analysis in

    economics and public policy.

    Having moved to be Provost of The Queen's College Oxford in summer 2025 Paul continues to work, write and speak on economics and public policy. He is a columnist for The Times, a regular contributor to other broadcast and print media and author of the bestselling book Follow the Money: How Much Does Britain Cost?

    Paul’s expertise spans the UK economy and public finances, tax, pensions, education, health, climate change, and other areas of economics and policy. He has presented numerous programmes for BBC Radio 4, has hosted the popular podcasts The IFS zooms in and The Expert Factor, and is a regular guest on news and current affairs programmes including Any Questions and Question Time. As a former director of public spending and HM Treasury, chief economist at the Department for Education and deputy head of the Government Economic Service he brings practical experience of government and politics to his analysis of economic policy.

    Paul was, for a decade, a member of the Climate Change Committee. He has served on the council of the Royal Economic Society and of the Economic and Social Research Council, as well as on numerous commissions for government and others, covering issues such as auto enrolment, inflation, devolution, tax, inequality, health, education and crime.

    Paul has received numerous awards and honours, including a CBE for contributions to economics and the social sciences, visiting professorships at University College London and the University of York, and honorary doctorates from UCL, York, Sussex and Exeter. He is also an honorary fellow of the Faculty and Institute of Actuaries and of the Chartered Institute of Taxation.

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    Natalie Winterfrost

    Director at The Law Debenture Pension Trust Corporation Plc

    Natalie Winterfrost

    Director at The Law Debenture Pension Trust Corporation Plc

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    Biography to be supplied

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    Jo Myerson

    Independent Governance Group

    Jo Myerson

    Independent Governance Group

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    Biography to be supplied

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    Richard Giles

    Independent trustee

    Richard Giles

    Independent trustee

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    Biography to be supplied

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    Jos Vermeulen

    Head of Solution Design

    Jos Vermeulen

    Head of Solution Design

    Jos joined Insight’s LDI investment team in March 2011. In his current role as Head of Solution Design within the Client Solutions Group, Jos works on the design and delivery of investment solutions tailored to address the specific risk and return objectives of Insight’s clients. Before Insight, he worked for Alexander Forbes in South Africa as Head of Special Projects. Jos began his career at PSolve. From there, he moved to Lehman Brothers, where he was an associate in the pension advisory unit, before joining Mercer in 2008 as a senior consultant and principal within the Financial Strategy Group. Jos holds a Bachelor of Commerce in Actuarial Science from the University of Pretoria and is a Fellow of the Institute and Faculty of Actuaries in the UK.

    Location and directions

    Queen Elizabeth II Centre, Broad Sanctuary, Westminster, London, SW1P 3EE

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