Bob Freeman gives a run down of what delegates can expect from this year's Morningstar Investment Conference
Following on from the success of the inaugural Morningstar Investment Conference in September 2007, this year's event will take place at the Hilton London Metropole Hotel on the 21st and 22nd May 2008.
Once again, Morningstar has assembled a cast of key industry figures and thought leaders who will offer insight and robust opinions into a range of topical - and often contentious - issues. Speakers and panellists include Ranji Nagaswami, CIO of Alliance Bernstein, Mark Tyndall, CEO of Artemis, Robin Geffen, MD of Neptune Asset Management, Jamil Baz, Executive VP of Pimco, Professor Narayan Naik, Professor of Finance, London Business School, Richard Plackett, head of the Merrill Lynch UK Smaller Companies team and manager of ML UK Smaller Companies and ML UK Special Situations, Janet Walford OBE, editor of Money Management and Don Phillips, MD, Morningstar Inc.
This year's conference will concentrate on topics that we believe are of most interest and relevance to financial advisers. Our aim is to provide genuine insight into those areas that are of most concern to advisers and the topics that they have to address with their clients on a daily basis in these turbulent times.
Retirement income planning
With this in mind, the conference will include a panel discussion on retirement income planning.
In this session, "Retirement Income Planning; Coping with Another "Inconvenient Truth," a panel of leading practitioners and innovative thinkers will discuss the inconvenient truth that a whole generation of "baby boomers" will approach as they reach retirement over the next 10 to 20 years. These beneficiaries of the post war rise in living standards and affluence have higher than ever expectations of the opportunities offered by what the French call the "troisieme age," including the prospect of better health and greater longevity. However, will they be forced to face the unpalatable fact that their living standards in retirement may not even approach what has been enjoyed by their parents' generation?
The panel will debate the role that advisers and product providers can and should play in ensuring as far as possible that their clients minimise the risks of outliving their wealth. The discussion is bound to be far-ranging but among the most prominent issues, the following are sure to form part of the agenda:
- Should longevity still be considered primarily as a risk to be insured against? On this basis, should retirees annuitise earlier or later?
- What can the industry do to ensure that retirees don't simply buy an income that guarantees their impoverishment over time?
- What role could or should drawdown strategies play in the average client's retirement income strategy?
- Are too many retirees exacerbating an already parlous situation by pursuing "recklessly conservative" investment strategies both pre and post retirement?
- Is there a place for US style "third way" products; what do they bring to the marketplace and do the potential benefits outweigh the costs?
- Should the Government review the threshold age of 75? What more could or should Whitehall be doing to ensure that future generations can enjoy a financially secure retirement?
It promises to be a compelling and challenging session on a subject that too many seem almost to be dismissing as "too difficult".
The Conference will also include, among other topics, the following sessions:
- Ranji Nagaswami on the global investment outlook: the road ahead
- The Credit Crunch: where do we go from here?
- The New World Order: dynamism in emerging markets
- Fund Trends Panel: including Mark Tyndall and Robin Geffen
- Behavioural Finance: investors behaving badly?
For more information about this year's conference, the full agenda, to register as a delegate or to explore sponsorship opportunities, please visit the conference website - Global.morningstar.com/ukconference/adv
Alternatively you can contact Priya Shinh on 020 3107 0128 or at [email protected]
Advisers can take advantage of a special discount offer if you register before 30th April. Both days 21-22 May £150 (RP01), Day 1 only 21 May £90 (RP02), Day 2 only 22 May £90 (RP02).
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