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The pension buyout and settlement market

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The pension buyout and settlement market

Overview
Speaker profiles
The pension buyout and settlement market | A practical perspective

To download a copy of the presentation please
click here (PDF - 250 KB) 

To download a copy of the feedback report please
click here (PDF - 290 KB) 


When:
Wednesday 26 March 2008

Agenda:
16.30 – Registration and refreshments
17.00 – Seminar
18.05 – Questions and answers
18.30 to 20.30 – Drinks reception

Where:
Haberdashers' Hall
18 West Smithfield
London, EC1A 9HQ

This is an historic event and has been retained on the website for your information.

2007 saw significant developments in the pension buyout and settlement market. As well as widespread product innovation, we saw a number of high profile cases of buyouts, bulk annuity purchases and sponsor separation.

On Wednesday 26 March 2008 at Haberdashers’ Hall, EC1A, Watson Wyatt’s Corporate Consulting Group will hold a seminar on the latest developments in the pension buyout and settlement market. Based on recent experience, our speakers will look at the practical options and issues for sponsors, in particular considering the viewpoints of trustees and providers.

The seminar is aimed at those with responsibility in the sponsor for managing UK defined benefit pensions and the associated risks.

The developing market
Robert Hall, Consulting Actuary 
Insurance & Financial Services practice, Watson Wyatt

The past year has seen significant innovation in the pension settlement market. What are the new solutions this has produced and how has this affected prices? This session will consider:

  • New products
  • Changes to buyout pricing
  • Longevity hedging

What employers are looking for
Graham Mitchell, Senior Corporate Consultant 
Benefits practice, Watson Wyatt

With a number of significant pension buyouts having taken place – why are some employers looking to buy out and others not, how do you select a particular provider or solution and what are the alternatives if you don’t wish to buy out? Taking the employer’s perspective, this session will examine:

  • What makes an employer transfer away their pension liabilities
  • Selecting a solution and provider
  • Alternatives to buyout

The provider’s experience
Mark Wood, Chief Executive 
Paternoster

What is the provider's experience of recent transactions and what are the key areas sponsors and trustees are selecting them on? This session will look at:

  • Recent experiences
  • What sponsors and trustees are looking for in an insurer
  • What could make the buyout process more efficient

The seminar will be followed by a drinks reception.