Document library
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- Author:
- John Hanratty; Pinsent Masons
- Source:
- Younger Members' Convention 2006
Pensions as a deal breaker (handouts)
1 PENSIONS AS A DEAL BREAKER John Hanratty Pinsent Masons Pensions in the news Agenda • Current problems for buyers and sellers: deficits, statutory debts, moral hazard, scheme trustees • Share sales v. asset transfers • Due diligence: what to look ... read more >>
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- Author:
- Rod McKie; Stephen Griffiths
- Source:
- Life Convention 2006
Pension term assurance - the truth behind the hype (Handout)
1 Pension Term Assurance – The truth behind the hype Rod McKie & Stephen Griffiths So what’s the truth behind the hype? ? How did protection providers respond to A day? ? Did innovation or me too products lead the way? ? How did distributors ... read more >>
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- Author:
- Andrew Stoker; Rachel Vahey
- Source:
- Life Convention 2006
The impact of A-day and pensions reform on the pensions landscape (handout)
1 “A Whole New World..” Or Implications for Life Insurers of CP06/16 on the Risk Management and Pricing of Term Assurance Discussion points ?CP06/16: what do the changes mean? ?Existing balance sheet ?Survey of reserving bases ?New Business: ... read more >>
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- Author:
- Clare Beale; Chris Pullan
- Source:
- Life Convention 2006
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- Author:
- Miles Baillie; Giles Woodruff
- Source:
- Life Convention 2006
ICA and ICG. A life office's experience (handout)
1 ICA and ICG A life office’s experience Workshop E05 Miles Baillie and Giles Woodruff, GE Life Actuarial Life Convention, 7 November 2006 Contents ? Background ? Development ? Technical Issues ? ICG Experience ? Future Developments ? Summary ? ... read more >>
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- Author:
- Stephen Yeo
- Source:
- Pensions Convention 2006
Lessons from politics (handouts)
1 Lessons from Politics Stephen Yeo Lessons from politics ?Communication means keeping it simple ?How to fool people with numbers ?Problems that will not be solved Communication means keeping it simple 2 Government version : Pensions are doing ... read more >>
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- Author:
- Paul Hamilton
- Source:
- Pensions Convention 2006
Closed pension schemes (handout)
1 D1 Closed Pension Schemes Paul Hamilton, Barnett Waddingham LLP What sort of pension scheme? Defined benefit, not defined contribution (unless DC scheme pays pensions from fund ) Final salary, or career average (though some points apply only to FS) ... read more >>
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- Author:
- Sara Protheroe; Duncan Hale
- Source:
- Pensions Convention 2006
Pension Protection Fund levies - past, present and future (handout)
1 Pension Protection Fund Levies past, present and future Sara Protheroe, Pension Protection Fund Duncan Hale, D&B Initial Levy 2005/6 c.11,000 schemes billed c.£140m total levy payable Lessons learned Separate scheme based and risk based levy ... read more >>
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- Author:
- Andrew Young
- Source:
- Pensions Convention 2006
Clearance - are we all clear about it? (handout)
1 Clearance - are we all clear about it? Andrew Young The Pensions Regulator Pension Protection Fund Government Actuary s Department Anti-avoidance Legislation : Objectives Ensure companies stand behind their pension promises Liabilities do not fall ... read more >>
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- Author:
- Mark Sullivan
- Source:
- Pensions Convention 2006
International issues in pensions - round up of developments (handout)
1 Mercer Human Resource Consulting Limited is authorised and regulated by the Financial Services Authority Registered in England No. 984275 Registered Office: Telford House, 14 Tothill Street, London SW1H 9NB International Issues in Pensions - Round up ... read more >>
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- Author:
- Ian Gamon
- Source:
- Pensions Convention 2006
Touching the void: an introduction to share options (handout)
1 Touching the Void: An Introduction to Share Options Ian Gamon, Lane Clark & Peacock LLP Touching the Void Outline for the session: Understanding share options A rôle for actuaries? Modelling options Real world applications Understanding share ... read more >>
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- Author:
- Lesley-Anne Cameron
- Source:
- Pensions Convention 2006
Advising scheme sponsors (handout)
1 Advising Scheme Sponsors Lesley-Anne Cameron Introduction Trustee empowerment The need for separate advice Areas of involvement 2 Gestalt Shift A gestalt shift is a refocusing from one configuration to another that takes place suddenly and in ... read more >>
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- Author:
- Paul Masters
- Source:
- Pensions Convention 2006
Options for bridging the funding gap (handout)
1 1 Options for bridging the funding gap Paul Masters June 2006 2 Contents Introduction What this is not about Why the deficit is unique Employer covenant Traditional options Contingent assets Credit default swaps Summary Questions 3 Introduction Schemes ... read more >>
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- Author:
- Bhargaw Buddhdev
- Source:
- Pensions Convention 2006
Pensions for senior executives: Changes after A day (handout)
1 Aon Consulting Limited is authorised and regulated by the Financial Services Authority PENSIONS for Senior Executives : Changes after A day Bhargaw Buddhdev Principal & Actuary, Aon Consulting Agenda Executives Developing a policy Some ... read more >>
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- Author:
- Roderick Morton
- Source:
- Pensions Convention 2006
Conflicts of interest (handout)
1 Conflicts of interest Institute and Faculty of Actuaries Annual Convention - June 2006 Roderick Morton 2 Trustee conflicts Example 1 Return of capital to shareholders CEO, FD and HR director are trustees Independent trustee chairman Not Type ... read more >>
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- Author:
- Nigel Biggs
- Source:
- Pensions Convention 2006
The role of company pensions (handout)
22/05/2006 1 1 The role of Company pensions Nigel Biggs Unilever UK 5 June 2006 2 Agenda Unilever now A bit of history The current context External influences Unilever Views 3 About Unilever Around 200,000 employees In approaching 100 countries In 2005 ... read more >>
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- Author:
- Charles Cowling
- Source:
- Pensions Convention 2006
The top ten papers every scheme actuary should know about 2006 (handout)
1 2006 Pensions Convention The top 10 papers every scheme actuary should know about Charles Cowling 4 6 June St Andrews Bay, Fife Top 10 Papers? Actuaries, pension funds and investment Arthur, Randall (1989) The financial theory of defined benefit ... read more >>
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- Author:
- Martin Bird
- Source:
- Current Issues in Pensions seminar, Spring 2006
Simplification and all that ... (handouts)
1 H Simplification and all that Martin Bird, Hewitt Associates H Introduction Over 3 years since original simplification proposals .and now less than a month to go Have you kept up with all the detail? The usual client questions: How can they call it ... read more >>
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- Author:
- Joaco F Cocco\; Paolo F Volpin
- Source:
- Pension finance and economics seminar, 10 February 2006
The corporate governance of defined benefit pension plans: evidence from the United Kingdom (handouts)
1 The Corporate Governance of Defined Benefit Pension Plans: Evidence from the United Kingdom João F. Cocco London Business School and CEPR Paolo F. Volpin London Business School and CEPR Introduction Corporate Defined Benefit (DB) pension ... read more >>