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Investment and Asset Management

The Future of De-risking

Investment Strategies for Risk Transferring

London |
Speakers include:
Pádraig  Floyd

Pádraig Floyd

Money Journey Media

Overview

Returns are in danger of diminishing for defined benefit pension schemes as interest rates remain low. Members living longer than expected is another key risk for sponsors; as life expectancy rises so have pensions costs, putting pressure on business accounts. Pension risk transfers are becoming more common in recent years as companies look for new ways to de-risk their pension liabilities. However, volatility in equity markets and low gilt yields mean that sponsors may not be in a position to execute a full buyout, instead keeping their schemes in-house. What are the advantages of farming out a pension scheme to an insurer compared to a run-off ? What impact do risk transfers, especially buy-ins, have on a scheme’s other investments and ability to generate returns? 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 05/15/2019 18:00:0005/15/2019 20:00:00falseThe Future of De-riskingReturns are in danger of diminishing for defined benefit pension schemes as interest rates remain low. Members living longer than expected is another key risk for sponsors; as life expectancy rises so have pensions costs, putting pressure on business accounts. Pension risk transfers are becoming more common in recent years as companies look for new ways to de-risk their pension liabilities. However, volatility in equity markets and low gilt yields mean that sponsors may not be in a position to execute a full buyout, instead keeping their schemes in-house. What are the advantages of farming out a pension scheme to an insurer compared to a run-off ? What impact do risk transfers, especially buy-ins, have on a scheme’s other investments and ability to generate returns? 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-risking9df9c6cfea5993a7284dffa507ddd42cMM/DD/YYYY

Agenda - 15th May

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

    Pádraig Floyd, Financial Journalist

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

    Pádraig Floyd, Financial Journalist

Chair (1)

Pádraig  Floyd

Pádraig Floyd

Money Journey Media

Pádraig Floyd is an award-winning financial journalist who writes on personal finance subjects, particularly pensions, investments and workplace savings. A regular commentator on pensions and investment issues, Mr Floyd shares views via Twitter at @gogetemfloyd, his website www.moneyjourney.net and his Linkedin profile at bit.ly/padraigfloyd. He was a member-nominated trustee director of the Pearson Group Pension Plan and is a former committee member of the Association of Member-Nominated Trustees. 

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

Searcys At The Gherkin
30 St Mary Axe, London
London EC3A 8EP

United Kingdom


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Ebru Sofuoglu
Content Editor
Financial Times