Sponsors
Sponsors
Hewitt Associates a global pensions, investment, human resources and
outsourcing company, helps leading organisations around the world anticipate and
solve their most complex benefits, talent, and related financial challenges.
With a history of exceptional client service since 1940, Hewitt has offices in
33 countries and employs approximately 23,000 associates. For more information,
please visit
www.hewitt.com/uk In the UK we advise both companies and trustees on managing their pension
arrangements. Our team of risk management specialists cover both assets and
liabilities and are constantly challenging and exploring the best approaches to
solving clients' problems. We see solutions.
MetLife Assurance Limited is a FSA authorised UK company providing insurance
solutions for the annuity and pension liabilities of pension schemes and
insurers. Our team of pension, investment and actuarial experts deliver tailor made
solutions combined with a high level of customer service and care. We have been
rated A+ by Standard & Poor’s. We are a subsidiary of MetLife Inc., with more than 140 years of experience
providing an extensive suite of insurance, annuity and pension related products
and services to its individual and corporate clients.
For enquiries, please call Emma Watkins, Business Development Manager on 0207
557 4926 or 0207 557 4900, or email ewatkins1@metlife.com
For more information visit www.metlife.co.uk
Pension Corporation removes pension risks from the trustees and sponsors of
defined benefit pension funds. As a market leader it is the counterparty to
risks ranging from full pension insurance buyout to longevity risk insurance,
sponsor stewardship and asset-liability management. Established in 2006 by the
Truell Charitable Foundation, the Group now provides increased levels of
security and stability for fund members through Pension Insurance Corporation
Ltd (“PIC”), an FSA authorised and regulated insurance company; and Pension
Corporation Investments LP Inc. (“PCI”). For further information please visit
www.pensioncorporation.com.
Prudential is a well diversified, international retail financial services
group with significant operations in the UK, Asia and the US, managing in excess
of £256 billion worldwide (30 June 2008). We offer a wide choice of Corporate Solutions to support employers, pension
trustees and employee benefit consultants. Our Defined Benefit risk management
solutions can be tailored to suit specific scheme requirements, including: Buyouts Buy-ins Enhanced transfers Investment management (via Prudential M&G) With over 11 years experience in the buyout market we have built a strong
reputation and track record. So far we have completed over 430 transactions -
including the first insured buy-in to exceed £1 billion - and have secured
pension liabilities with a combined value in excess of £5.4 billion. We pay
retirement income to over 1.5 million people, with total payments of £2.1
billion per year. We also provide award winning DC pension solutions to over
5,700 corporate clients. For enquiries, please call Andy Reed on 0118 968 3177.
Pension Review Associates exists to help Private and Public Sector
organisations reduce the current costs and future liabilities of their existing
occupational pension arrangements. We have proven experience in the fields of:
- Internal and External Communications,
- Employment Law,
- HR Management,
- Pensions Law,
- Pensions Management, and;
- Project Management
We have a successful track record of delivery and our experience and expertise
will ensure that you will not only save time and money, but also (crucially)
reduce project risk.
At PRA we prefer simple, cost-effective, and easily understood solutions. Our
‘Values’, which are simple and core to the way we work are:
- Professionalism,
- Integrity,
- Innovation, and;
- Results.
The Pensions Regulator record-keeping guidance states that poor
record-keeping can have a negative impact upon buy-outs; if a scheme cannot
guarantee their member data is up-to-date, it will delay the buyout process and
stop financial directors from acting at the optimum time.
To enable successful buy-outs and ensure member record accuracy, Tracesmart has
developed a range of services which allow you to:
• Certify scheme member records are up-to-date
• Trace any volume of lost and deferred members
• Conduct comprehensive existence checks
• Predict member marital status and confirm existence of a spouse
Come and have a chat with us at the Buyout Forum or call 029 2047 4150 for more
information.
Watson Wyatt's specialist Settlement Solutions Team works with both trustees
and sponsoring employers of pension arrangements to help them plan and implement
settlement or risk reduction strategies. This includes products and solutions to
settle part or all of the liability (ie buy-in and buy-out, both full and
partial), products that provide insurance against specific risks (ie longevity
swaps), or those that offer potential opportunities to mitigate or better manage
selected risks. This is a highly complex field where mistakes can be very
costly, so schemes need advisers who have a proven track record and deep
experience in defined benefit actuarial and investment consulting, as well as
the know-how to work with, and influence, insurance companies. Partnering with
our clients, Watson Wyatt’s Settlement Solutions Team can: Provide an initial focus on helping clients clearly articulate their
requirements, developing an overall strategy for de-risking their pension
scheme, and creating a detailed plan of action. Further information Michael Chatterton
Establish a governance framework so that decisions can be taken effectively and
swiftly
Monitor the performance of the plan against defined triggers in real time
Analyse member information held and additional data required to optimise any
risk transfer, as well as conducting detailed data gathering exercise to fill
all gaps.
Coordinate and articulate a comprehensive communications plan for all
stakeholders
Project manage the entire process end-to-end, including engaging, managing,
co-ordinating and communicating with the actuaries, lawyers, investment
consultants, covenant assessors, financial advisers and insurance companies, to
ensure the process stays on track to deliver on key milestones and goals.
Manage a provider selection and quotation process, leading the detailed
contractual discussions (including negotiating strong additional security),
developing an appropriate hedging and investment strategy, and undertaking a
covenant assessment of the insurer.
Leverage our insurance industry expertise to secure what our client needs rather
than what the insurer might wish to provide, which can favourably impact the
transaction costs.
For further information please contact you Watson Wyatt consultant or:
+44 (0)1737 274092
