Hymans Robertson On...

Hymans Robertson LLP

Welcome to Hymans Robertson On. In this podcast we’ll be covering a broad range of topics from pensions, savings, technology, insurance, responsible investment, financial education and much more. Founded in 1921, Hymans Robertson is one of the longest established independent actuarial firms in the UK. We deliver a full range of services including actuarial, insurance consulting, enterprise risk management, investment consulting, third-party pensions administration and communications consulting. Our client base includes FTSE 100, FTSE 250, privately owned firms and financial institutions. We’re also recognised leaders in the field of public sector pensions.

  1. Sep 2

    Investment - stewardship in a changing landscape - episode 170

    Stewardship is one of the few real levers asset owners have over the companies they invest in, but stewardship ambitions have been retreating in recent years. So what still works, and what should schemes and institutional investors be doing differently? In this episode, Amy Sutherland is joined by Sanjay Joshi and Catherine Howarth OBE, chief executive of ShareAction, to explore why stewardship still matters and where it may be falling short. They discuss the case for votes against directors over shareholder resolutions, including a notable example from this year's NatWest Annual General Meeting (AGM). They also examine why bondholder stewardship remains underused and why investors may need to engage with AI firms before they go public. The discussion also covers NEST's Member Assembly and what it could mean for member representation as schemes consolidate. Listeners will come away with practical actions to help trustees and asset owners strengthen stewardship and hold managers and consultants to account. If you have any questions on anything covered throughout the episode, please get in touch. Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson. The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance.  Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

    Investment - stewardship in a changing landscape - episode 170
  2. Aug 27

    2026 Pensions Conference: Your members are your legacy - Episode 169

    Recorded live at Hymans Robertson's Pensions and Retirement Conference 2026, this podcast explores the role member experience plays in shaping successful endgame outcomes. Donna Prince is joined by Ash Roberts (Pension Insurance Corporation) and Kat Jarvis (Rothesay) to discuss how trustees, sponsors and insurers can put members at the centre of risk transfer decisions. Drawing on research and real retirement experiences, the panel explores what members value most, from clear communications and accessible support to empathy, flexibility and personalised service. The discussion considers how the industry can balance security with member outcomes, covering retirement decision-making, vulnerability, digital support, administration standards and the evolving expectations of pension scheme members. It also explores the practical steps trustees and sponsors can take to help ensure members continue to receive a positive experience when benefits transfer to an insurer. Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

    2026 Pensions Conference: Your members are your legacy - Episode 169
  3. Jul 28

    2026 Pensions Conference: The LGPS successes, strengths, impact and lessons - Episode 168

    This session explored the successes behind that progress and what the future of pensions, including the private sector, can learn from the LGPS experience so far.  Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

    2026 Pensions Conference: The LGPS successes, strengths, impact and lessons - Episode 168
  4. Jul 7

    2026 Pensions Conference: Delivering long-term value for members through collective savings - Episode 167

    Lisa Deas is joined by Louise Lindsay (SAUL), Simon True (Clara Pensions) and Adrian Boulding (Vesta Pensions) to compare the benefits, challenges and trade-offs of open defined benefit (DB) schemes, superfunds and collective defined contribution (CDC) arrangements. The discussion considers each model from both a member and employer perspective, covering retirement outcomes, risk-sharing, affordability, consolidation and the role these approaches could play in the future pensions landscape. Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson. The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance.  Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities. This episode includes AI-generated content.

    2026 Pensions Conference: Delivering long-term value for members through collective savings - Episode 167
  5. Jul 6

    Investment - Capital Markets mid-year update 2026 - Episode 166

    Markets have navigated a volatile first half of 2026. Equity markets have rebounded strongly, interest rate expectations have shifted, and artificial intelligence (AI) continues to reshape investment opportunities across the globe. In this episode, Ross MacLeod is joined by Chris Arcari and John Roe, Head of Multi-Asset at Legal & General - Asset Management. Together, they explore the major developments shaping investment markets in 2026, from the continued impact of the AI investment cycle and changing interest rate expectations to evolving opportunities and risks across public and private markets. The discussion looks at how investors are positioning portfolios against a backdrop of elevated equity valuations, tight credit spreads and persistent inflation uncertainty. Chris and John also examine developments in private credit and private equity, highlighting where stresses are beginning to emerge and why manager selection remains critical. The conversation finishes with a look at the long-term investment implications of AI and the outlook for China as its economy continues to evolve. If you have any questions on anything covered throughout the episode, please get in touch.   Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson. The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

    Investment - Capital Markets mid-year update 2026 - Episode 166
  6. Jun 29

    2026 Pensions Conference: What the LGPS can learn from the wider pensions market - Episode 165

    Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson. The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance.  Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

    2026 Pensions Conference: What the LGPS can learn from the wider pensions market - Episode 165
  7. Jun 23

    Investment - Capital call financing - Episode 164

    Private markets investors are increasingly looking beyond traditional direct lending opportunities. One area gaining attention is capital call financing, a niche but growing segment of the fund finance market that offers access to investment-grade private credit risk. In this episode, Viran Patel from Hymans Robertson is joined by Penny Cochrane and Shelley Morrison from Aberdeen. Together, they explore how capital call financing works, why the market has grown so rapidly and the role it can play within institutional portfolios. They discuss the evolution of the market, the shift from bank-led lending to greater participation from non-bank investors and the factors driving demand. They also explore the risk and return profile of these facilities, including the importance of manager selection, operational expertise and the quality of underlying investors. You'll hear how capital call financing differs from other private credit strategies, where it may fit within an investment-grade portfolio and the key considerations for investors assessing the opportunity. If you have questions on anything covered throughout the episode, please get in touch. Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson. The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

    Investment - Capital call financing - Episode 164
  8. Jun 18

    2026 Pensions Conference: A legacy of resilience navigating strategy with flexibility - Episode 163

    Building resilient investment strategies is becoming increasingly important in a world shaped by uncertainty and change. In this special edition of Hymans Robertson On…, Ben Farmer is joined by David Walker and Ben Fox to explore how pension schemes can design portfolios that remain robust across a range of market conditions. Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

    2026 Pensions Conference: A legacy of resilience navigating strategy with flexibility - Episode 163

About

Welcome to Hymans Robertson On. In this podcast we’ll be covering a broad range of topics from pensions, savings, technology, insurance, responsible investment, financial education and much more. Founded in 1921, Hymans Robertson is one of the longest established independent actuarial firms in the UK. We deliver a full range of services including actuarial, insurance consulting, enterprise risk management, investment consulting, third-party pensions administration and communications consulting. Our client base includes FTSE 100, FTSE 250, privately owned firms and financial institutions. We’re also recognised leaders in the field of public sector pensions.

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