First, Marcus considered the typical DC member choices:

Avoiding legal, regulatory and reputational difficulties

Keith’s interactive session provided a refreshing look at the various areas in which actuaries can find themselves facing problems.  The session was focussed on three case studies and invited the audience to give their views on each.

The European Commission wants to see an ‘IORP II’ directive, building on the original IORP (Institutions for Occupational Retirement) directive and based on the Solvency II regime for insurers.  The aims of the directive are to facilitate cross-border pension provision, to protect scheme members and to ensure a level playing field between occupational pension schemes and insurance providers.

Please note that these reports contain the views of the reviewer, and are not necessarily the views of the original authors of the paper, or the IFoA.

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