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Investment and Asset Management

The Future of De-risking

Investment Strategies for Risk Transferring

London |
Speakers include:
Angus Peters

Angus Peters

Pensions Expert

Overview

Maintaining the status quo is no longer an option for employers with defined benefit pension schemes. After over a decade of battling to maintain funding levels against low interest rates and rising member life expectancy, scheme sponsors are now under renewed pressure to aim higher. The Pensions Regulator’s 2019 DB funding statement will force employers to have long-term funding strategies, but what should management consider before picking between buyout with an insurer, so-called low dependency strategies and the as-yet untested superfunds? Whichever solution corporates pick, competition for suitable assets will be fierce, and a capacity crunch could see pricing change in the risk transfer market. If employers do decide to remove risk via a bulk annuity transaction, what steps can they take to make sure they get a competitive price?

What impact do risk transfers, especially buy-ins, have on a scheme’s funding level and ability to generate returns, and indeed on the employers standing behind them? What investments should schemes aim to hold in preparation for a transaction? Are superfunds a viable alternative for schemes? This confidential editorial dinner, organised by the Financial Times Group and Pensions Expert in association with Pension Insurance Corporation, will bring together Chief Financial Officers from a range of sectors to discuss which schemes are better off with a risk transfer and which might be better served with a run-off, and to compare different scheme transaction options in terms of cost and risk.

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fallback Add to my Calendar 10/03/2019 18:00:0010/03/2019 20:00:00falseThe Future of De-riskingMaintaining the status quo is no longer an option for employers with defined benefit pension schemes. After over a decade of battling to maintain funding levels against low interest rates and rising member life expectancy, scheme sponsors are now under renewed pressure to aim higher. The Pensions Regulator’s 2019 DB funding statement will force employers to have long-term funding strategies, but what should management consider before picking between buyout with an insurer, so-called low dependency strategies and the as-yet untested superfunds? Whichever solution corporates pick, competition for suitable assets will be fierce, and a capacity crunch could see pricing change in the risk transfer market. If employers do decide to remove risk via a bulk annuity transaction, what steps can they take to make sure they get a competitive price?What impact do risk transfers, especially buy-ins, have on a scheme’s funding level and ability to generate returns, and indeed on the employers standing behind them? What investments should schemes aim to hold in preparation for a transaction? Are superfunds a viable alternative for schemes? This confidential editorial dinner, organised by the Financial Times Group and Pensions Expert in association with Pension Insurance Corporation, will bring together Chief Financial Officers from a range of sectors to discuss which schemes are better off with a risk transfer and which might be better served with a run-off, and to compare different scheme transaction options in terms of cost and risk.The-Future-of-De-risking2be11580bb26ff51c07721ac04a2d824MM/DD/YYYY

Agenda - 3rd Oct

  • 6:00pm
    Welcome Drinks
  • 6:15pm
    Opening Remarks

    Angus Peters, Editor, Pensions Expert

  • 6:20pm
    Discussion Commences
  • 7:55pm
    Closing Remarks

    Angus Peters, Editor, Pensions Expert

Chair (1)

Angus Peters

Angus Peters

Editor
Pensions Expert

Angus Peters has reported on a wide variety of issues affecting DB and DC schemes since joining Pensions Expert in June 2016. Having been introduced to the world of pensions and investment as an intern at Pensions Expert and MandateWire, he went on to work as a reporter at The Sun Online before returning to the FT.

Presented by (1)

Pensions Expert is the Financial Times' specialist title for UK workplace pension schemes. It is the authoritative source of information on how these schemes and their sponsoring employers are working together to provide their members with an adequate retirement income.

Our case studies, news analysis and informed comment provide trustees, management teams and their providers with timely, practical information to inform their day-to-day jobs.

In association with (1)

The purpose of Pension Insurance Corporation plc ("PIC") is to pay the pensions of its policyholders. At year end 2018, PIC had insured 192,100 pension scheme members and had £31.4 billion in financial investments, accumulated through the provision of tailored pension insurance buyouts and buy-ins to the trustees and sponsors of UK defined benefit pension schemes. Clients include FTSE 100 companies, multinationals and the public sector. PIC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (FRN 454345). 

Venue

Bracken House
1 Friday Street
London EC4M 9BT

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Contact us

Sarah Fal
Event Content Producer
FT Specialist