| 08:45 |
Registration & Coffee |
|
09:15
|
Chairs Introduction
Ian Eggleden, Principal, Mercer
Assessing the marketplace – an overview on the buyout and liability removal
market
|
| 09:30 |
Selecting the right option
This session will provide an overview of the key developments in the rapidly
growing defined benefit buyout market, exploring reasons behind the radical
growth and the emergence of pensioner buy-ins, syndicated deals and
sophisticated tailored solutions. There will also be a focus on innovation,
alternative solutions and the choices pension schemes have when designing a
long-term defined benefit risk management route-map.
Prudential
|
| 10:00 |
Unravelling the Risks
Pricing risks is not the same as valuing liabilities. Comparing buy-out
prices with accounting measures highlights the true extent of risk transfer. Jay
Shah focuses on the key aspects.
Pension Corporation
|
| 10:20 |
Group Q&A |
| 10:35 |
Coffee Break |
| 11:05 |
Communicating with Members
- How to communicate to active and deferred members and pensioners and if you
should change your communications strategy for each group
- Wider public relations implications of buyouts
Capita
|
| 11:25 |
Costs of a buyout
- How buyout firms price scheme liabilities
- How increased competition and the introduction of increasingly innovative
buyout solutions will help reduce costs
AON
|
| 11:45 |
Preparing for buyout or liability reduction
How identifying data risk and data cleansing can help de-risk the buy out deal
and ensure a more accurate buy out cost
ITM
|
| 12:05 |
CASE STUDY – How a buyout can work in practice
A buyout firm takes companies, trustees and scheme members through a step by
step guide to how a buyout would work.
Prudential
|
| 12:35 |
Group Q&A |
| 12:50 |
Lunch Break |
| 14:00 |
Future Trends
What does the future hold for Buyouts and where will the market go in the
current economic climate?
Punter Southall
|
| 14:20 |
Alternatives to buyout
- What alternatives to traditional insurance-based buyouts are available to
schemes, trustees and sponsoring employers?
- Can these alternative insurance and non-insurance based solutions lower the
cost of reducing scheme risk?
- What is the regulatory impact of such alternatives?
Watson Wyatt
|
| 14:40 |
Legal Implications of buyouts
- Can sponsoring employees really transfer all their liabilities to a third
party
- How trustees, employers and consultants can ensure they have no legacy
risks.
Sacker & Partners
|
| 15:00 |
Group Q&A
|
| 15:15 |
Coffee Break
|
|
15:40
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PANEL DISCUSSION
|
| 16:25 |
Chairs closing comments
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