XPS Pensions Group PLC Capital Markets Event Transcript

May 24, 2023 / 01:00PM GMT
Alan Bannatyne - XPS Pensions Group plc - Independent Non-Executive Chairman

Welcome to you all. Thank you for finding time to come along to the first XPS Pensions Group Capital Markets Day. And just, by the way, of a very short introduction, I'm Alan Bannatyne, Chair. And in terms of the pension industry, it's been a very interesting year to say the least and headline -- it's not normally on the headline page, but we had pensions, cost-of-living crisis, and the effect on pension funds and pensioners.

We had the lease trusts induced and somewhat fiasco LDI crisis, which was all around the media. And two days ago, we had page two of the Financial Times. It's a big positional piece about infrastructure and what the government might look to do with pension assets.

In terms of the industry, it's obviously trillions of pounds of assets under manager -- management. Not surprisingly, it's always in the glare of the regulator and the regulators like to change in drop in that is an ever-ongoing stream of business for XPS Pensions.

So all in all, an exciting backdrop market, an exciting

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