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Our advisory board is proud to showcase this year's conference agenda.

If you have suggestions for speakers please contact Connie Mullis, at (205) 980-0481 or

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SUNDAY, November 4, 2012
3:30 p.m. - 5:00 p.m. Registration
5:00 p.m. - 7:00 p.m. Welcome Cocktail Reception

Sponsored by:

MONDAY, November 5, 2012
7:30 a.m. - 8:30 a.m. Registration and Networking Breakfast

Sponsored by:

8:30 a.m. - 8:45 a.m.

Welcome and Opening Remarks

- Christopher J. Battaglia, Vice President and Publisher, Pensions & Investments
- Joshua Newmister, Global Retirement Program Manager, Symantec Corporation (Conference Co-Chair)

8:45 a.m. - 9:40 a.m. Keynote Address:
Mark Iwry, Senior Adviser to the Secretary and Deputy Assistant Secretary (Retirement and Health Policy), U.S. Department of Treasury

401(k), The Next Generation: Can we do more to enhance retirement security? For about two decades, the 401(k) plan was essentially a do-it-yourself saving vehicle. The key decisions -- whether to enroll, how much to contribute, how to invest, when to withdraw funds and what to do with them — were almost entirely dependent on employees taking initiative and making decisions with little guidance. In 1998, the Treasury Department defined, approved and began to promote automatic enrollment, with diversified default investments. By 2005, this new automatic model — “401(k) 2.0” if you will — was expanding participation in about one in four larger 401(k) plans. The next year, the Labor Department issued its QDIA regulations and the Pension Protection Act pitched in with state law pre-emption and permission for employees to opt out penalty-free. By now, half the larger 401(k)s have auto-enrollment, but most still limit it to new hires and 3%-of-pay default contributions. Can the 401(k) step up to a version 3.0 — a more powerful, portable, and productive engine of saving, with an ultimate focus on adequate retirement income? What would that plan design look like, and what about employer cost and exposure? Mark Iwry will lead an interactive session to answer these questions.
9:45 a.m. - 10:45 a.m.

Moving beyond ‘staying the course’
Even though you tell your participants to stay the course and not be market timers, economic and investment issues in the U.S. and abroad can and do affect their DC plan investments. You need to be up to date on the hot-button issues affecting the economy and the markets, and the panelists in this session will help you get there.

- Amy Resnick, Executive Editor, Pensions & Investments

- Christopher Orndorff, Portfolio Manager, Western Asset Management Co.
- Darrell R. Spence, Senior Vice President and Economist, The Capital Group Companies
- Jerry Webman, Chief Economist, Oppenheimer Funds

10:45 a.m. - 11:15 a.m. Networking Break
Sponsored by:
11:15 a.m. - 12:15 p.m. Investing in your Employees – strategies to promote retirement preparedness
Hear what plan sponsors are doing to make a difference for their own employees’ retirement. This presentation will focus on:
  • What employees need;
  • What the marketplace is doing to provide what employees need;
  • How health care and retirement are colliding;
  • How to balance the need for a more effective workforce management strategy with the need to minimize the cost and risk impact on the business;
  • How to create a retirement strategy that fits within an employers Total Rewards philosophy.

- Scott Faris, Senior Consultant, Hyas Group LLC

- Dimitra (Demi) Hannon, Director, Well-Being and Retirement Strategy, The Boeing Company
- Sonja Kellen, Group Manager, Global Retirement Benefits, Microsoft Corporation
- Guen A. Toste, Vice President, Senior Relationship Manager, T. Rowe Price Retirement Plan Services, Inc.

12:15 p.m. - 1:35 p.m. Innovator Awards Luncheon and Presentation
1:40 p.m. - 2:40 p.m.

Concurrent Sessions
TRACK A: War Gaming Your Target Date Fund: What if?
As an asset owner and manager, you know that your view of the future has major implications for how you plan and allocate assets today. And based upon the most common practices for creating asset allocations and glide paths we are required to make these assumptions. But what if 2% GDP and 3% inflation aren’t accurate assumptions for the next 10 years? How large of an impact could erroneous assumptions have on the outcomes for participants in TDFs? Join us as we dig into glide path construction and explore different approaches.

- Kevin Cress, Senior Consultant, NEPC, LLC

- Julia Durand, Director, CalSTRS
- David Gluch, Client Portfolio Manager, Global Asset Allocation, Invesco
- Phil Murphy, VP, Defined Contribution, S&P Indices
- Rick A Wurster, Asset Allocation Portfolio Manager, Wellington Management Company, LLP

TRACK B: Life cycle of a 401(k) Plan
Beyond monitoring investments and participation, how does a plan sponsor know when it is time to make plan design, investment option or feature changes? This session guides DC plan executives through characteristics that indicate a plan’s readiness for a minor tune-up or a major overhaul.

- Toni Brown, Director of US Client Consulting, Mercer

- Amy Chang, Senior Benefits Analyst-Financial Benefits, Google
- Seth Masters, Chief Investment Officer, AllianceBernstein Defined Contribution Investments
- David Musto, Managing Director and Chief Executive Officer, J.P. Morgan Retirement Plan Services
-Stacy Schaus, Executive Vice President, DC Practice Leader, PIMCO

2:40 p.m. - 2:50 p.m. Transition Break
2:50 p.m. - 3:50 p.m. Concurrent Sessions
TRACK A: How to handle stable value

DC plan executives face tough decisions on how to deal with their stable value options. This panel can help you make those decisions.
  • Learn what your peers are doing through the results of a survey conducted jointly by Pensions & Investments and Rocaton Investment Advisors.
  • Get the latest intelligence on the wrap provider market.
  • Listen to a discussion of the pros and cons of alternatives to stable value

- D. Scott Dunbar, Managing Director - Advisory Services, Arnerich Massena, Inc.

- Gay Lynn Bath, Deferred Compensation Manager, Oregon Savings Growth Plan
- Chris Lyon, Partner, Head of Defined Contribution Research, Rocaton Investment Advisors
- Matthew Rauseo, Vice President, US and Canada DC Investment Strategy, BlackRock
- John G. Panagakis, Senior Managing Director, Head of Asset Management Business Development, TIAA-CREF Asset Management

TRACK B: Fee litigation: past, present and future: What can we learn from ERISA litigation?
Many of the fee lawsuits launched in the mid 2000s did not result in significant rulings, yet there have been some significant settlements (Kraft, Walmart) and a lower court ruling finding significant liability (even if significantly less than what plaintiffs initially claimed). What are they teaching us?
  • Have the basic rules of procedural prudence changed? Should we rethink how we develop investment policies? When are RFPs required?
  • Can DB plans be managed differently from DC plans?
  • How will the new fee disclosure rules impact litigation risk? Are disclosures helping plans better understand fees and expense? How is the industry addressing these risks?
  • How does the use of brokerage windows impact fiduciary risk? How should cross-subsidization be considered when the plan sponsor has multiple plans? What if only some investment options generate administrative fee credits or revenue sharing?
  • What should we expect next on the litigation front?

- Azeez Hayne, Partner, Morgan, Lewis & Bockius LLP

- Bradford P. Campbell, Counsel, Drinker Biddle & Reath LLP
- James Fleckner, Partner, Goodwin Procter LLP
- Laura Gaynor , Vice President, Diversified
- Lori Lucas, Defined Contribution Practice Leader, Callan Associates

3:50 p.m. - 4:15 p.m. Networking Break
Sponsored by:
4:15 p.m. - 5:15 p.m.

Concurrent Sessions
TRACK A: Changing the ways you measure the success of your plan

Executives at DC plans are starting to move beyond the traditional methods — such as participation, deferral rates and investment performance — of measuring how well their plans are working. They are, for example, seeking a true picture of how participants see their lives in retirement and how well actual retirees are managing. This session will address the less obvious ways you and your participants can and should address the success of the defined contribution plan.

- Jennifer Flodin, Managing Partner, Plan Sponsor Advisors

- Steve Deschenes, Senior Manager, Defined Contribution, Capital Group Institutional Investment Services
- Barbara Kontje, Director of Global Retirement and Smart Saving, American Express

- Linda Robertson, Senior Financial Planner, Financial Finesse Inc.
- Phillip White, Director, Racker Rewards, Rackerspace Hosting

TRACK B: From in-house to outsourcing: How best to oversee your plan’s investment options
This session explores the governance issue of how best to select and monitor your plan’s investment options. In addition to tackling the newest approach — hiring an outsourcer — panelists will discuss the benefits and risks of using a consultant, relying on in-house expertise in lieu of a consultant, using an in-house asset manager, or combining two or more of these approaches.

- Martha Spano, Principal, Senior investment Consultant, Buck Global Investment Advisors

-Martha A. Donovan, Vice President and Senior Portfolio Strategist, State Street Global Advisors
- Russell Shurtz, Senior Attorney, BP America Inc.
- Gretchen Tai, Director of Investments, Hewett-Packard Company

5:15 p.m. - 6:30 p.m. Networking Cocktail Reception
Sponsored by:

TUESDAY, November 6, 2012
7:30 a.m. - 8:15 a.m. Networking Breakfast with Sponsors and Exhibitors

Sponsored by:

8:15 a.m. - 8:30 a.m.

Opening Remarks

- Marla Kreindler, Partner, Morgan, Lewis & Bockius, LLP (Conference Co-Chair)

8:30 a.m. - 8:50 a.m. Lillywhite Awards Presentation
William F. Sharpe, STANCO 25 Professor of Finance, Emeritus
Graduate School of Business, Stanford University
Nobel Prize in Economic Sciences, 1990
8:50 a.m. - 9:45 a.m.

Keynote Address:
Dallas Salisbury, President and CEO, Employee Benefit Research Institute

The “New Realism” About Retirement: The DC plan Is central player
Dallas Salisbury spoke about the future at the first P&I DC Conference about two decades ago. Since then, EBRI has built the largest DC participant-level database in the world, as well as a reputation as “the” source of the best numbers on what the system can deliver. In this presentation Salisbury will present a vision based on the numbers. What did the pension system deliver in the “good old days” and the years in between, and what can it deliver tomorrow? How would proposals now being mulled by Congress change those outcomes? How big are the savings gaps faced by most Americans? What system and what plan designs will produce the best outcomes for a workforce that wants and needs the ability to move from employer to employer from 18 to 80?

9:45 a.m. - 10:45 a.m. Asking Hard Questions about Retirement Income Products
Learn the key questions you should be asking if you are considering adding a retirement income solution to your retirement program. In this session, panelists will be pushed to respond to the RFP questions they most hate to answer:
  • How long will you guarantee the current expense ratios? How high could fees go under your contract terms?
  • How can we be confident you will be able to pay out the promised benefits 50 years from now?
  • If we make this available, how can you help ensure participants use it? What is your track record on participant utilization?
  • What happens if we change record-keeping platforms? Is your retirement income product portable at the plan level?

- Martha L. Tejera, Principal, Tejera & Associates

- Eric Levy, Senior Vice President, Head of Product and Solutions Management, Lincoln Retirement Plan Services
- Marc Pester, Senior Vice President, Prudential Retirement

- Alan Movson, Director of Compensation, Benefits and HRIT, Granite Construction Inc.

10:45 a.m. - 11:15 a.m. Networking Break
Sponsored by:
11:15 a.m. - 12:15 p.m.

Changes ahead: What thought leaders predict will be some of the new investment approaches to DC plans
This is your chance to discover cutting-edge approaches your peers are taking. Plan executives will explain why they adopted these investment approaches, what the implementation process involved, how they won over their bosses and boards, and what cost considerations they faced.

- David Blanchett, Head of Retirement Research, Morningstar Investment Management

- L. Wayne Adams, Director-Investments, AT&T
- Kevin T. Hanney
, Director, U.S. and Non-U.S. Pensions & Savings Plans, United Technologies

- Joshua Newmister, Global Retirement Program Manager, Symantec Corporation

12:15 p.m. - 2:00 p.m.

Keynote Address:
James M. Delaplane Jr., Principal - Government Relations,
Vanguard Group

What Path Forward? Post-election policy and retirement repercussions
On the day voters across the country cast their ballots in the presidential and congressional elections, Jamey Delaplane will address the likely repercussions for tax, deficit and retirement policy. The lengthy “to do” list confronting the lame duck session of Congress and the incoming Congress and administration includes expiration of the 2001, 2003 and payroll tax cuts, $1.2 trillion in scheduled domestic and military spending cuts and the need to once again raise the federal debt ceiling. Policymakers will also debate tax reform and a true “grand bargain” on deficit reduction. This session will handicap the way forward on these critical issues and what the outcomes will mean for plan sponsors and participants. The session will also cover the pending retirement regulatory agenda and analyze how guidance would differ under a second Obama term or a Romney administration. From fiduciary standards of care to money market fund reform to electronic delivery of plan notices, the election will have a significant effect on regulators’ priorities and approaches.

2:00 p.m. Conference Adjourns
2:00 p.m. - 3:30 p.m.

Post-Conference Plan Sponsor Only Round Tables

Large plans: Over $1 Billion

- Richard D. DiBartolomeo,
Administrator for Defined Contribution, Trusts and Agencies Division, Bureau of Investments, State of Michigan
- R. Bradford Huss
, Director, Trucker Huss
Lavina Mehta, Manager of Investments, Bechtel Corporation
- Ruth E. Schau, Partner, Aon Hewitt

Small-MidSize Plans: Less than $1 Billion

- Alfred Artis, VP and Investment Committee Chair, Del Monte
- Dean Carothers, Vice Chair 457 Deferred Compensation Committee, Monterey County
- David A. Hildebrandt, Shareholder, Kirton & McConkie PC
- Sue Walton, Senior Investment Consultant, Towers Watson

Agenda subject to change.
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