SUNDAY, March 11, 2012
3:30 p.m. - 5:00 p.m.
5:00 p.m. - 7:00 p.m.
Welcome Cocktail Reception
MONDAY, March 12, 2012
7:30 a.m. - 8:30 a.m.
Registration and Networking Breakfast with Sponsors and Exhibitors
8:30 a.m. - 8:45 a.m.
Welcome and Opening Remarks
- Christopher J. Battaglia, Vice President and Publisher, Pensions & Investments
- Jaime Erickson, Director, Retirement Plans, NBC Universal (Conference Co-Chair)
8:45 a.m. - 9:45 a.m.
- Clifford S. Asness, Ph.D., Managing & Founding Principal, AQR Capital Management
Defined Contribution Investing: Closing the Gap
The last decade has seen a revolution in Defined Contribution plans, with innovations like auto-enrollment and target-date funds addressing critical challenges investors face. But most of the improvements have been structural; the investment approach of most DC participants is at least a generation behind the Defined Benefit world. What is missing from most DC plans? And what can sponsors do within the DC framework to help participants catch up? A few simple ideas may help close the gap.
9:45 a.m. - 10:15 a.m.
10:15 a.m. - 11:15 a.m.
This is your chance to discover cutting-edge approaches your peers are taking. Discussion topics will include unusual ways to use social media, gracefully getting out of stable value and next-generation participant communications. Plan executives will explain why they adopted these approaches, what the implementation process involved, how they won over their bosses and boards, and what cost considerations they faced.
This session is a sneak preview of the new Innovation Awards, sponsored by Pensions & Investments and Defined Contribution Institutional Investment Association. The innovators of 2012 will be announced at P&I's West Coast Defined Contribution Conference.
- Thomas J. Fontaine, Head, Defined Contribution Investments, AllianceBernstein
- William Clark, Senior VP and Chief Investment Officer, Federal Reserve Office of Employee Benefits
- Kevin T. Hanney, CFA, Director, Non-US Pensions & Savings Plans, United †Technologies Corporation
- Bernie C. Knobbe, Sr. Director, Global Benefits, Yahoo!
- Scarlett Ungurean, Executive Director, ABA Retirement Funds
11:15 a.m. - 12:15 p.m.
Game Changer: Getting participants to think in terms of their retirement outcome
This session will address the challenge for plan sponsors that most plan participants have no concept of the amount of assets they will need to accumulate within their DC plan for retirement. Discover strategies and tools that plan sponsors have used successfully to overcome the problem.
- Matt Gnabasik, Managing Director, Blue Prairie Group LLC
- Kamal Bhatia, Senior Vice President & Product Director, Fixed Income and Alternatives, Oppenheimer Funds, Inc.
- Keith Overly, Executive Director, Ohio Deferred Compensation
- Marc Pester, Senior Vice President Institutional Income, Prudential Retirement
- Jennifer Putney, Vice President Participant Communications & Strategy, Diversified
12:15 p.m. - 2:00 p.m.
Luncheon and Eddy Awards Ceremony
2:00 p.m. - 2:50 p.m.
TRACK A: Battling Participant Inertia
This session will examine the newest trends in auto enrollment and auto everything. Some plans suffer deferral rate drops when they move to auto enrollment: What do they do to counter this? Who is auto-enrolling existing employees, and how is it working out? As for auto escalation, how much, who and when?
- Jean Martone, Director, Retirement Plans Consulting Group Portfolio Evaluations, Inc.
- Jaime Erickson, Director, Retirement Plans, NBC Universal
- Cathleen M. Fyffe, Vice President, Retirement Plan Manager, KeyBank
- Donna MacFarland, Chief Marketing Officer, Retirement Plan Services, Lincoln Financial Group
- Fredrik Axsater, CFA, Senior Managing Director, Defined Contributions, State Street Global Advisors
TRACK B: Do new DC investment options conflict with traditional options and traditional asset allocation models?
Investment managers are offering newer options for DC plans such as global equity, global fixed income, REITs and real return strategies. How do plan sponsors integrate new options into the existing investment line-up? How do they fit within the traditional asset allocation models? How do plan sponsors educate participants about the new options and how do you easily and properly construct portfolios using these options?
- Liana Magner, CFA, Principal, Mercer
- Dan Dismukes, Retirement, Relocation & Financial Portfolio Manager, UPS
- David C. Gluch, Head of U.S. Product Management, Invesco
- Chris Ryder, Vice President and Investment Specialist, Capital Group Institutional Investment Services
- Tom Felago , Vice President, Defined Contribution Solutions, Wellington Management Company, LLP
2:50 p.m. 3:00 p.m.
3:00 p.m. - 3:50 p.m.
TRACK A: Taking a deeper look at investments
Among the topics to be covered:
- What are the alternatives to stable value and are they right for your plan?
- Should you stick with mutual funds, move into collective trusts or separately managed accounts? How will a combination of all three work?
- Diane Vallerie Improta, Principal, Senior Investment Consultant, Hewitt Ennisknupp
- Harold Bjornson, Executive Director, J.P. Morgan Asset Management
- Marla Kreindler, Partner, Morgan, Lewis & Bockius LLP
- David Starr, Managing Director, Head of Client Solutions, Dwight Asset Management Company LLC
- Carolyn Wood, Director of Retirement, Bimbo Bakeries USA
TRACK B: Investment advice: Can it and should it become mainstream?
Many plans offer advice, but few participants are willing to make the commitment to use it. What works? Hear about successful strategies that convince most participants to become engaged enough to take advantage of advice, aswell as holistic financial counseling solutions that support broad financial topics including budgeting, estate planning and specific DC investment needs.
- Philip Edwards, Principal, Curcio Webb
- Dimitra Hannon, Director, Well Being and Retirement Strategy, The Boeing Company ††
- William Heath, Director Product Management, Advice Planning and Execution, TIAA-CREF
- Brant Suddath, Director of Benefits, The Home Depot, Inc.
- Steve Ulian, Head of Institutional Retirement & Benefit Plan Sales/Relationship Management & Investment Services, Bank of America Merrill Lynch
3:50 p.m. - 4:20 p.m.
4:20 p.m. - 5:10 p.m.
TRACK A: The Evolution of Fee Disclosure: New and best practices
How does the transition to full fee transparency impact sponsors and participants? Hear from industry experts and their insights around:
- How to best communicate participant charges and investment management fees
- How to develop a meaningful sliding scale for fees
- Using effective channels for fee disclosures and communications
- New and emerging plan solutions emerging from our heightened focus on fees
- Can you make the interim electronic fee disclosure work?
- Peter J. Gosselin, Managing Partner, Co-Founder, Gosselin Consulting Group LLC
- Richelle L. Aschenbrenner, Senior Managing Counsel, Compensation & Benefits, Office Depot, Inc.
- Dave Gray, Vice President, Client Experience, Charles Schwab & Co. Inc.
- Edward J. Lilly, Executive Director, NYS Deferred Compensation Plan
- Daniel A. Notto, J.D. CPC, Senior Vice President and Senior Retirement Plan Counsel, AllianceBernstein Investments
TRACK B: Recognizing diversity in savings behaviors
Attendees of this session will learn how behaviors vary by generation, gender,race and ethnicity. Among the panelists will be a plan sponsor who has figured it out!
- Pamela Hess, CFA, Director of Retirement Research, Aon Hewitt
- Mary Nell Billings, Director, Retirement Plans-Americas, Hilton Worldwide
- Naomi Proshan, VP, Research, Data and Analytics, T. Rowe Price Retirement Plan Services, Inc.
- Additional panelists to be announced
5:10 p.m. - 6:30 p.m.
Networking Cocktail Reception
TUESDAY, March 13, 2011
7:30 a.m. - 8:30 am
Networking Breakfast with Sponsors and Exhibitors
8:30 a.m. - 8:40 am
Opening Remarks and Recap of Day One
- Keith Overly, Executive Director, Ohio Deferred Compensation (Conference Co-Chair)
8:40 a.m. - 9:40 a.m.
- James M. Delaplane Jr., Principal, Vanguard Government Relations
Retirement Plan Policy in an Era of Partisan Brinksmanship
Jobs, deficits, the reach of government and income inequality are the dominant policy issues in Washington.† Elected officials are fighting tooth and nail about all of it, making agreements and forward progress elusive.† What does this period of partisan brinksmanship mean for defined contribution plan policy?† Will plan issues get any attention on Capitol Hill amid the partisan paralysis?† Will plans get swept up in the larger deficit reduction, entitlement reform and tax reform deals that ultimately must be struck?† Will Obama Administration regulators be able to make forward progress on their agenda regarding fee disclosure, target date funds, retirement income and fiduciary standards?† And how might the upcoming presidential and congressional elections scramble the outlook?†
This session seeks to provide the answers.
9:40 a.m. - 10:40 a.m.
The latest twists on target-date funds
Learn about new benchmarks. Hear case studies from plan executives who have restructured their TD options, sometimes more than once and some who have taken the whole process in-house.
- Ross Bremen, CFA, Partner, NEPC
- Chip Castille, Managing Director, Head of US and Canada Defined Contribution, BlackRock
- Craig J. Lazzara, CFA, Senior Director, S&P Indices
- Stacy Schaus, Executive Vice President, DC Practice Leader, PIMCO
- Jeremy Stempien, Senior Investment Consultant & Head of Investments, Retirement Solutions, Morningstar Investment Management
10:40 a.m. - 11:10 a.m.
11:10 a.m. - 12:10 p.m.
General Session - How to measure the success of your DC plan
While most organizations consistently measure the success of their business as a whole, few do the same with their retirement plans. This session will move beyond the traditional measures -- such as participation and deferral rates, investment performance and diversification -- to include less obvious ones like calculating replacement ratios to see how well-prepared for retirement your participants are and determining how well-protected your plan and your organization's executives from potential litigation.
- Jennifer Flodin, Managing Partner, Plan Sponsor Advisors
- Sherrie E. Grabot, CEO and Founder, Guided Choice Inc.
- Steve Jenks, Head of Defined Contribution Product and Marketing, Putnam Investments
- David Roberts, Benefits Manager, Intersil Corporation
- Kimberly Taylor, Director-Employee Benefits, RadioShack Corporation
Just the facts!† Dallas Salisburysí Employee Benefit Research Institute has been delivering on that promise since 1978.† Now, using the largest participant micro database of DC and IRA participants in the nation, and its unique models, EBRI has the numbers to paint the canvas on what employer plans are providing, and can provide in the future, assuming current tax treatment survives the deficit fixes that lie ahead.† EBRI then uses that same combination of databases and models to assess the effect on account balances and retirement readiness of proposals being debated in Washington to drastically change the tax rules for DC plans.† Salisbury will conclude with comparative data on what todayís DC plans can deliver relative to the most common DB and Cash Balance plan designs for the nationís highly mobile workforce.†
12:10 p.m. - 2:00 p.m.
Luncheon and Keynote Address
- Dallas Salisbury, President and CEO, Employee Benefit Research Institute
Thirty-Eight Years With ERISA: Can Employer DC Plans Deliver Retirement Security?
2:00 p.m. - 3:30 p.m.
Post-Conference Plan Sponsor Only Round Tables The pre-conference plan sponsor-only round tables are designed specifically for idea sharing and networking with your peers. These round tables have quickly become one of the most popular sessions of the conference. Plan sponsors, consultants and attorneys facilitate the open discussion.
This is one session you do not want to miss.
(Open to defined contribution plan executives only)
Small/MidSize Plans (under $1 billion in assets)
- William B. Duff, Partner/Employee Benefits & Executive Compensation, Schiff Hardin LLP
- Marina Edwards, Senior Retirement Consultant, Towers Watson
- Linda Garcia, Vice President, Human Resources, Rooms to Go ††
- Dennis A. Lockhart, CPA, Plan Administrator, Trustee, and Secretary, Road Commission, Oakland County, MI Retirement System
Large Plans ($1 billion or more in assets)
- Bob Tomaschko, Director of Compensation, Retirement and HRMS, Land OíLakes, Inc.†††††††
- W. Colby Carter, Senior Attorney, Retirement-Compensation-Benefits, Tennessee Valley Authority
- Richard P. McHugh, Partner, Porter Wright Morris & Arthur LLP
- Roger S. Williams, CFA, Managing Director, Head of Defined Contribution Consulting, Rogerscasey