PIMFA Annual Summit 2018

31st October 2018
09:00 - 18:00
CPD Hours: 6

ETC. Venues
155 Bishopsgate,
London
EC2M 3YD

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The PIMFA Summit 2018 will be a unique opportunity to investigate and gain a comprehensive understanding of the issues that impact upon the investment management and financial advice sector, providing an exceptional opportunity to debate on key topics facing our industry.

2018 Sponsors

Keynote Speaker

Sir Trevor McDonald OBE
Veteran ITN Presenter

Widely acknowledged as one of Britain’s most popular news presenters, Sir Trevor McDonald anchors ITV’s News at Ten and the flagship current affairs show Tonight. In a departure from his regular role he has also presented Have I Got News For You and the rival topical comedy show, News Knight.

Trevor began his career in Trinidad as a newsreader and interviewer. After joining ITN, he was first assigned to cover the Troubles in Northern Ireland before becoming Sports Correspondent, reporting on Kerry Packer’s Cricket World Series in Australia. His next role was Diplomatic Correspondent and Editor at Channel 4 News.

Trevor has interviewed many of the world’s leading figures. He spoke to Mandela on his release from prison, and in a very different vein he secured the only British TV interview with Saddam Hussein.

Trevor has written biographies of the West Indian cricketers Viv Richards and Clive Lloyd, and published his autobiography Fortunate Circumstances. He won a BAFTA and a Dimbleby award for Outstanding Contribution to Television, and was voted ‘Most Trusted TV Celebrity’ in a Radio Times poll.

The Summit Compère

 

Nina Hossain
Presenter of ITV News

Nina Hossain presents ITV News London with the capital’s main stories of the day. She conducts exclusive interviews with high-profile figures and celebrities. In addition, Nina also presents ITV Lunchtime News and regularly presents ITV News at Ten.

Born in Huddersfield, West Yorkshire, Nina studied English Language and Linguistics at Durham University, before gaining a Post-graduate Diploma in Broadcast Journalism at the University of Central Lancashire, Preston. On graduation she was chosen for a traineeship at Border Television in Carlisle. During here four years there, she produced, reported and presented across the output.

Nina won the RTS Journalism Award for Nations and Regions Presenter of the Year 2017, having previously been nominated in the category and in July 2015, she was awarded with an honorary doctorate from the University of Huddersfield.

Speakers & Panellists

  • Richard Charnock
    CEO
    Standard Life Wealth

    More info

    Richard is CEO of Standard Life Wealth. He joined Standard Life in February 2007 with a brief to create and launch Standard Life Wealth to the market. Richard has overseen the growth of Standard Life Wealth and the business is recognised as a major provider of discretionary fund management in the UK Wealth management sector.  Richard is also a director of Aberdeen Private Wealth Management, a Jersey-based Private Client business and a non-executive director of HDFC International Life and RE Company, a Dubai based JV.

    Alongside heading up Standard life Wealth, Richard was a member of Standard Life UK Executive board from 2010 to 2014 and subsequently became Managing Director of the Adviser and Investment business of Standard Life UK. He had responsibility for all Standard Life retail channel activity in the UK and Ireland and was also CEO of Standard Life Savings with responsibility for the Wrap platform and Fundzone businesses.  Richard was also an executive director of Standard Life Investments from 2014-2018.

    Immediately before joining Standard Life, Richard was CEO of Williams de Broe and prior to that he was CEO of Lloyds TSB Private Banking, Lloyds TSB IFA and Lloyds TSB Stockbrokers.

    Richard is a board director and Fellow of the Chartered Institute for Securities & Investments and chairs the CISI Ethics and Integrity Committee. He is also a member of the Worshipful Company of International Bankers and the Cornhill Club. He served with the British army in the mid 1980’s and holds an honours degree in Geography from the University of Durham.

  • Liz Field
    Chief Executive
    PIMFA

    More info

    Liz joined PIMFA (then known as the Wealth Management Association) as Chief Executive in 2014. She has 28 years financial services experience, 17 of which as a successful Chief Executive.  She successfully transformed and advised several businesses through redefining strategy, re-branding, change management and inspirational leadership, creating profitable businesses.

    She has substantive experience of people and cultural risk, regulatory knowhow across the industry – banking, insurance and wealth management and providing the best practice guidelines for the industry to adopt to manage risk.

    She is an accredited coach and industry leader encouraging collaborative participation of diverse groups of industry experts to address sector challenges and to leverage industry resources.

    Liz holds a degree in Psychology and a Masters in Occupational Psychology from Birkbeck.

  • Dr Eliza Filby
    Generations Expert
    King’s College, London

    More info

    Dr Eliza Filby is a businesswoman, academic and consultant who specialises in ‘Generational Intelligence’ helping companies and services navigate the complex generational developments within politics, society and the workplace. Eliza educates companies on generational trends and how business can interact successfully with its colleagues and clients, not only with Millennials and Gen Zs, but crucially across the generations. Her aim to smash some of the misconceptions and generalisations that come with speaking about the generations. Types of questions she addresses includes: Why are the over-50s dominating the Gig-economy? Why do Millennials prioritise an in-work gym over an in-work pensions scheme? Why are Gen Z tech-inate but tech-skeptics?

    Eliza has advised companies from private banks to magic circle law firms, from the beauty industry to government departments. Past clients include: Pictet Bank; F&C Investment Trust; RGM International; Bank of Montreal, the Ministry of Defence; global hotel group, IHG; publishing industry bible ‘The Bookseller’;  VICE media, global hairdressing brand, Toni& Guy; and leading manufacturer, Procter and Gamble. She provides an understanding of the challenges of a multi-generational workforce but also practical solutions to how these can be overcome. An engaging and witty speaker, Eliza has spoken on this topic at a range of forums including the FT’s 125 Senior Executive Forum, Women’s in Business Network at Buckingham Palace and the Conservative Party’s Philosophy Workshop.

    Eliza received her PhD from the University of Warwick in contemporary history and worked as a lecturer in modern British history at King’s College London and Renmin University in Beijing. She frequently appears on the media, is a regular on the Sky News Press Preview and has written for the Telegraph, Financial Times and the Guardian. She is currently writing a book on the history of generations.

  • The Rt Hon. John Gummer, Lord Deben
    Chairman
    Committee on Climate Change

    More info

    The Rt. Hon John Gummer, Lord Deben, was a Minister in the governments of Margaret Thatcher and John Major for sixteen years, when he was Secretary of State for Agriculture and Secretary of State for the Environment.

    Prior to becoming Chairman of PIMFA he was Chairman of the Association of Professional Financial Advisers (APFA).   He is a member of the Board of the Castle Trust.  He set up and now runs Sancroft, a Corporate Responsibility consultancy working with blue-chip companies around the world on environmental, social and ethical issues.

  • Paul Killik
    Partner, Senior Executive Officer
    Killik & Co

    More info

    Paul Killik is approaching 50 years of Private Client experience, with 35 in senior management.  He received the Financial Times and Investors Chronicle Editor’s Award for Services to Private Investors in 2014.  Before founding Killik & Co in 1989, he was a Partner at Quilter Goodison, and established the first U.K Shares Shops in Debenhams, Oxford Street.

    Today, Paul remains an integral part of the Killik & Co business; a privately owned investment house, established to make the benefits of saving, planning and investing available to all, and the Financial Times & Investors Chronicle Wealth Manager of Year 2017. 

  • Rt Hon. Nicky Morgan MP
    MP for Loughborough & Chair of Treasury Select Committee
    House of Commons

    More info

    Nicky Morgan is the chair of the House of Commons Treasury Committee. She is a former Mergers & Acquisitions lawyer and has worked in three major City of London firms. She has been the Member of Parliament for Loughborough since 2010. In Government she served as Secretary of State for Education, Minister for Women & Equalities, Financial Secretary to the Treasury, Economic Secretary to the Treasury and as a Government Whip.

  • Gavin Oldham
    Chairman
    The Share Centre

    More info

    Gavin Oldham is Chairman and founder of AIM‐quoted Share plc and The Share Centre (www.share.com), the independent British retail stockbroker formed in 1991, which provides investment services for c.300,000 personal investors, employees and shareholders, having founded Barclayshare (now Barclays Stockbrokers) in 1985.

    In 2005 he established a registered charity, The Share Foundation
    (www.sharefound.org), which operates the Department of Education’s Junior ISA & Child Trust Fund arrangements for young people in care and which has benefited over 100,000 young people throughout the United Kingdom to date. Gavin was awarded the OBE in respect of its services for children and young people in the 2018 New Year Honours.

    In 2014 he established Share Radio (www.shareradio.co.uk), which broadcasted on DAB digital radio from November 2014 to May 2017 and is now wholly online. Its purpose is to help people to become more confident with handling money and investments. Share Radio is based in Westminster and has a sister channel, Share Music (www.sharemusic.me).

    From 1995 to date he has been an elected lay member of General Synod for Oxford Diocese, and is a Church Commissioner and a member of its Assets Committee.

  • Camilla Stowell
    Managing Director, Head of Wealth & Investment Management
    Coutts International and Private Office

    More info

    Camilla joined Coutts Private Office in 2007 with a mandate to manage a portfolio of Ultra High Net Worth clients. She has built an impressive 20 years’ plus experience in the wealth management industry, previously in client management roles at Lloyds Private Banking, Drummonds, and Schroders Private Bank.

    In May 2015 she was appointed Managing Director of Coutts International, Coutts Crown Dependencies, and Coutts Private Office. In April 2017 Camilla took an expanded role of Head of Wealth & Investment Management overseeing the management of the businesses, driving strategic and propositional developments.

    She is a member of the Private Banking Executive Committee and co-chairs the Coutts Diversity & Inclusion Council. Camilla won Private Banker International “Outstanding Young Private Banker” 2012. She has a BA Hons Philosophy & Politics Durham University and the Securities Institute Diploma.

  • Dr Kay Swinburne MEP
    Member of the European Parliament for Wales and Vice Chairman of Economic and Monetary Affairs Committee
    European Parliament

    More info

    Dr Kay Swinburne MEP is Vice-Chair of the European Parliament’s Economic and Monetary Affairs Committee (ECON) and has shaped numerous pieces of European financial services legislation including EMIR, MiFID II, CSDR and Banking Union files. In 2016, Kay was recognised as one of the most influential women in finance by Financial News.

    A proponent of competition and open markets, Kay’s specific successes include:

    – Securing a corporate exemption for derivative clearing in EMIR, which was then emulated across global markets.

    -Devising the dual-voting mechanism (Eurozone/non-Eurozone) for the EBA voting structure post Banking Union.

    -Ensuring MiFID II applies open, non-discriminatory access to all EU market infrastructure

    -Shaping the EU supervisory architecture, resulting in the formation of the ESRB, ESMA, EIOPA, EBA and an SSM for Eurozone banking

    Kay has been a Rapporteur or Shadow Rapporteur on numerous legislative files covering market structure reform, reporting, settlement the recovery and resolution of CCPs, market abuse and OTC derivatives- and through close US ties provides a bridge for the Committee to US regulators at the CFTC, SEC, and US Treasury.

    Kay also Chairs Reg NEX, a think tank focused on market structure issues. Prior to her political career, she worked as an Investment Banker at a large global firm concentrating on corporate finance and M&A for the pharmaceuticals and biotech sectors and as a Fund Manager advising on Biotechnology Investment.

  • Andy Thompson
    CEO
    Intrinsic

    More info

    Andy was appointed Chief Executive Officer of Quilter Financial Planning (previously Intrinsic) in December 2015, subsequently leading the acquisition of the Caerus business.

    Prior to that he was Distribution Director, leading the Distribution team to provide first-class products and solutions for customers and the recruitment and support of advisers including the acquisitions of Positive Solutions (~700 advisers) and 250 advisers from Sesame Bankhall Group.

    Andy joined Intrinsic in early 2012, when Intrinsic acquired his businesses Blueprint Financial Services and Blueprint Distribution. As a start-up in 2003, Andy proved his entrepreneurial flair by growing Blueprint to 180 advisers before its sale. Prior to this, Andy was a financial adviser before appointed to become a Regional Director for the Zurich Advice Network, managing and leading the London region for over five years. Andy has an executive MBA from London Business School graduating in 1999.

  • Iona Bain
    Founder
    The Young Money Blog

    More info

    Iona Bain founded the pioneering Young Money Blog in 2011 and has become the UK’s go-to voice on millennials and their personal finances. She appears regularly on TV and radio, ranging from BBC News to ITV Tonight, and presented a Moneybox special on financial education for Radio 4 last year. Iona has written for most national newspapers and websites on the subject of young finances and is a regular personal finance correspondent for The Herald and Scottish Daily Mail. She published her first book, Spare Change, in 2016 and speaks regularly at events throughout the year. This year has seen Iona become a governor of the Pensions Policy Institute and member of the industry’s Next Generation Committee, and named Freelancer of the Year for 2018 by IPSE, the leading association for the self-employed.

  • Tony Stenning
    Member of ESG Implementation Taskforce & Deputy Chair
    TISA

    More info

    Tony has been a non-executive director of TISA since October 2014, becoming Deputy Chairman in September 2016. Tony is also chair of “The TISA Strategy Group” (previously “The Savings and Investment Policy Project”) – an unprecedented collation of 50 leading firms (representing asset management, financial advice, stock broking, wealth management, banks and life companies), trade bodies and important consumer groups. This group aims to develop strategic proposals for a Savings and Investments policy with the interests of UK families firmly rooted at their heart.

    Until December 2016, Tony was a Managing Director at BlackRock where he spent 17 years in various senior positions, most recently as Head of Retirement in EMEA where he was responsible for driving the firm’s vision and strategy in the region on individual retirement and also led the firm’s Defined Contribution business in EMEA. Prior to this Tony led the firm’s UK Retail business between 2009 and 2015. He was also a member of the Leadership Committee and was CEO of BlackRock Fund Managers Limited. Tony plays an active role with a number of industry bodies, frequently engaging with regulatory authorities and government on a range of industry issues / initiatives. Tony is also a regular speaker on various industry topics.

    Prior to joining BlackRock, Tony spent several years in private client fund management with a particular focus upon collective investment schemes. Mr Stenning holds a BA (Hons) in Economics and is also a Fellow of the Chartered Institute for Securities & Investment. Tony is married with three daughters and spends much of his spare time watching them significantly eclipse his own sporting achievements.

  • Richard Grenfell-Hill
    Chief Economist
    Diageo

    More info

    Richard Grenfell-Hill is the Chief Economist at Diageo plc, providing detailed macroeconomic, tax, trade, regulatory and value chain modelling, analysis, forecasting and technical advice for strategic decision making on a global basis.   A specialist in indirect tax economics, he regularly conducts tax workshops around the world, at industry and government level.

    He holds an MSc in economics from Birkbeck, University of London with a distinction for his paper on the transmission of house price shocks on business financing decisions and has also completed the Comparative Tax Policy and Administration Course at the Harvard Kennedy School of Government.

    Richard is a member of the Economic Policy Committee for the Business and Industry Advisory Committee (BIAC) at the OECD and of the Society of Professional Economists (SPE) in the UK.   He lives in London and is married with two young children.

  • Brett Williams
    Managing Director
    SEI Wealth Platform UK

    More info

    Brett leads the UK Private Banks business and is responsible for the development and growth of the SEI Wealth PlatformSM in the UK.

    Working in close partnership with wealth managers, Brett focuses on optimising the SEI Wealth Platform capabilities to complement each client’s core strengths. A seasoned leader who has built his reputation by challenging the status quo, Brett pursues continuous innovation to enhance our solution development.

    Brett has over 30 years of leadership experience in the financial services industry, including chief executive officer roles at Selestia, Cofunds and Skandia UK.

  • Richard Monks
    Acting Director of Strategy
    FCA

    More info

    Richard Monks is the Acting Director of Strategy at the FCA. As part of this role, Richard is responsible for onboarding EU legislation, strategic analysis and planning, and cross-cutting FCA policy. Current initiatives include Brexit preparation, Climate Change and Intergenerational issues.

    Earlier this year, Richard was Acting Director of Life Insurance and Financial Advice supervision. Richard has over 15 years’ experience in regulation, including roles in supervision, policy and enforcement, and as Private Secretary to former FSA Chairman, Lord Turner

  • Marc Michaels
    Director of Strategy & Insight
    Paragon Customer Communications

    More info

    Marc Michaels is Director of Strategy and Insight at Paragon Customer Communications, and is regarded as one of the UK’s leading direct marketing experts.

    Over 30 years’ experience in the industry, and hundreds of high profile government and private sector campaigns, have afforded him the ability to deliver expert end-to-end consultancy, especially in areas related to strategy development, planning, data interpretation and evaluation.

    Please let me know if this is still up-to-date and I will include this in the event programme.

  • Andrew Foster
    Head of Private Wealth Management
    IRESS

    More info

    Andrew heads up IRESS’ Private Wealth Management division in the UK.  His background in Single Stock Futures, CFDs and equity trading has led him to be responsible for the success of IRESS’ portfolio management solutions.

    Andrew has overseen the implementation of numerous trading and portfolio management systems for some major clients during his time at IRESS. Andrew holds an MBA from WITS University, which combined with his 10 years of hands-on experience, gives him the expertise and knowledge to retain and grow the portfolio management team, products and services.

     

  • Alberto Cuccu
    Chief Client Solution Officer
    Objectway

    More info

    Graduated in Computer Engineering from the University of Pisa, Alberto Cuccu joined Objectway in 1999. Since then, he has served in roles ranging from Technical Director to Chief Operating Officer to his current positon as Chief Client Solution Officer. In this role, he ensures the delivery of an effective value proposition to the market enabling maximum growth.

  • Edward Smith
    Head of Asset Allocation Research
    Rathbones Investment Management

    More info

    Edward supports Rathbones’ investment process with proprietary macro-based, multi-asset research and is a member of the strategic asset allocation committee.

    Starting his career at BlackRock, working with liability-driven solutions for institutions, Edward joined Rathbones in 2014 from Canaccord Genuity Wealth Management, where he was global strategist and co-lead manager of their Risk Enhanced Multi-Asset Portfolio service.

    He is a CFA charter holder and a member of the Continuing Education committee for CFA UK, helping to set the educational agenda for the investment analyst profession and ensuring it keeps abreast of the very latest ideas. Edward has completed a course in Quantitative Economic Methods at Birkbeck, University of London and received an MA from the University of Oxford. He is a member of the Society of Business Economists.

    Edward is a published expert on risk management for multi-asset portfolios, recently appearing in Quantitative Approaches to High Net Worth Investment, edited by Andrew Rudd and Professor Stephen Satchell.

  • Maarten Heukshorst
    Chief Relationship Officer
    Pershing

    More info

    Maarten Heukshorst is the Chief Relationship Officer of Pershing EMEA and BDS EMEA and APAC and a member of the Executive Committee of Pershing Limited, a BNY Mellon company. He has overall responsibility for business development and client relationship management for our Wealth and Adviser services in EMEA and our Broker-Dealer services in EMEA and the Asia Pacific region.

    Maarten has more than 25 years’ experience in financial services. He joined Pershing in 2015 as head of Wealth and Adviser Solutions having previously worked in Geneva at UBP, a private bank and asset manager with operations in over 11 countries. Maarten was the managing director overseeing all global banking, brokerage and counterparty relationships, as well as product development for asset management, across both long only and alternative investment funds and mandates. Prior to UBP, Maarten spent seven years in a number of roles at Citigroup including covering the pension and asset management industry in Amsterdam and being Transaction Services country head in Switzerland.

    Maarten holds a Dutch Bachelor’s degree in Business Economics.

  • John Barrass
    Deputy Chief Executive
    PIMFA

    More info

    John Barrass joined PIMFA (then known as the Wealth Management Association) as Deputy Chief Executive in July 2007.

    As part of his work he runs PIMFA interests in Public Policy and Government Relations, including Brexit, EU related business and anti-financial crime activity.

    Prior to joining PIMFA, John was Head of CFA Institute Centre for Financial Market Integrity in EMEA which followed over 12 years running international regulatory policy for the UK Government, the Securities and Investments Board, and the Financial Services Authority.

    He spent the first 12 years of his career in HM Diplomatic Service immersed in Soviet and East European Affairs but with the fall of the Berlin Wall felt that it was time to move on.

    John was educated at Cambridge University, England, and has a Masters degree from the University of Essex.

The New Investment Horizon
Agenda

08:30               Registration & Networking Breakfast

09:00               Welcome 

  • Liz Field, Chief Executive, PIMFA

09:05               Introduction by Summit Chair

  • Nina Hossain, Presenter, ITV News

09:10               Opening Keynote

  • The Rt. Hon Nicky Morgan MP, Chair of the Treasury Select Committee & MP for Loughborough, House of Commons

09:30              Evolving World of Regulation

  • Richard Monks, Acting Director of Strategy, Financial Conduct Authority (FCA)

10:00               PIMFA Supporting your Future

  • Liz Field, Chief Executive, PIMFA

10:20               21C Investment

Panel

  • Dr Eliza Filby, Visiting Lecturer – Historian of Contemporary Values, King’s College, London
  • Gavin Oldham, Chairman, The Share Centre
  • Tony Stenning, Member, Implementation Taskforce for Growing a Culture of Social Impact Investing & Deputy Chair, TISA

11:00               Networking Break

11:20               Skills for the Future

Panel

  • Richard Charnock, CEO, Standard Life Wealth
  • Camilla Stowell, Head of Wealth & Investment Management, Private Office and International, Coutts & Co
  • Andy Thompson, CEO, Intrinsic
     

12:00               Next Generation of Digital

Panel

  • Iona Bain, Founder, The Young Money Blog
  • Alberto Cuccu, Chief Client Solution Officer, Objectway
  • Maarten Heukshorst, Chief Relationship Officer, Pershing

12:30               Change is Inevitable… Effective Change is Not

  • Brett Williams, Managing Director, SEI Wealth Platform UK

13:00               Networking Lunch

14:00               Breakout Sessions

Session A – Using Data to Fuel Smarter Communications

  • Marc Michaels, Director of Strategy & Insight, Paragon

Session B –  Industry Challenges Facing Wealth Managers: A View to 2019 and Beyond

  • Andrew Foster, Head of Private Wealth Management, Iress

14:45               Economic Review & Outlook

Fireside Chat

  • Richard Grenfell-Hill, Chief Economist, Diageo
  • Edward Smith, Head of Asset Allocation Research, Rathbones Investment Management

15:25               Networking Break

15:45              Business Challenges and Opportunities of Brexit

Panel

  • John Barrass, Deputy Chief Executive, PIMFA
  • Paul Killik, Senior Partner – Killik & Co Management
  • Dr Kay Swinburne MEP, Vice Chairman of Economic and Monetary Affairs Committee, European Parliament

16:30               The Impact of Climate Change on Investing

  • The Rt Hon. John Gummer, Lord Deben, Chairman, Personal Investment Management & Financial Advice Association

17:00               Closing Keynote Speaker

  • Sir Trevor McDonald OBE, Veteran ITN Presenter

17:30               Closing Remarks

  • Liz Field, Chief Executive, PIMFA

17:35               Networking Drinks Reception

19:30               Event Ends

Nearby Hotels

Andaz Liverpool Street

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Devonshire Club

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The Ned

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Threadneedle Hotel

5 Threadneedle St, London EC2R 8AY

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