Document library
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- Author:
- Devid Segal
- Source:
- Pension scheme wind-ups seminar, 2 December 2005
Pre PPF windups - some practical guidance (handouts)
1 Pre PPF Wind Ups Some Practical Guidance David Segal Punter Southall & Co Introduction 1,000s of pre - 6 April 2005 wind ups PPF Ineligible Often underfunded for buyout Various priority orders Practical guide areas for careful consideration ... read more >>
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- Author:
- Alan Duncan
- Source:
- Pension scheme wind-ups seminar, November/December 2005
Interacting with the Pension Protection Fund. Managing the assessment period (handouts)
1 Pension Protection Fund Valuations and Results Alan Duncan- Director of Compensation Pension Protection Fund Agenda ? Review of the first year results ? S179 valuations ? Purpose ? Issues that have arisen to date ? S143 valuations ? Purpose ? ... read more >>
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- Author:
- Dennis Canham
- Source:
- Pension scheme wind-ups seminar, November/December 2005
Mechanics of buying out pension liabilities (handouts)
1 Mechanics of Buying Out Pension Liabilities presentation Dennis Canham Director (Corporate Annuities) Legal & General Assurance Society Agenda Securing Buy Out Terms Mechanics of Buy Out Process Securing Buy Out Terms Terms Secured on Payment of ... read more >>
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- Author:
- Alan Duncan
- Source:
- Pension scheme wind-ups seminar, November/December 2005
Interacting with the Pension Protection Fund. Managing the assessment period (handouts)
1 Pension Protection Fund Valuations and Results Alan Duncan- Director of Compensation Pension Protection Fund Agenda ? Review of the first year results ? S179 valuations ? Purpose ? Issues that have arisen to date ? S143 valuations ? Purpose ? ... read more >>
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- Author:
- Sarah Jeffrey-Gray
- Source:
- Pension scheme wind-ups seminar, November/December 2005
Making progress and dealing with uncertainty (handouts)
1 Making Progress and Dealing with Uncertainty Sarah Jeffrey-Gray Head of Trustee Services and Senior Associate Burges Salmon LLP Agenda Establishing liabilities Recovering assets Assessing level of benefits payable during winding-up Establishing ... read more >>
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- Author:
- Alan Duncan
- Source:
- Pension scheme wind-ups seminar, November/December 2005
Interacting with the Pension Protection Fund. Managing the assessment period (handouts)
1 Pension Protection Fund Valuations and Results Alan Duncan- Director of Compensation Pension Protection Fund Agenda ? Review of the first year results ? S179 valuations ? Purpose ? Issues that have arisen to date ? S143 valuations ? Purpose ? ... read more >>
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- Author:
- Jim MacLachlan
- Source:
- The sponsor covenant and actuarial advice seminar, 1 December 2005
Assessing the sponsor covenant (slides)
Jim MacLachlan The Institute of Actuaries 1st December 2005 212/8/2005 Background Schemes in deficit longevity equity returns interest rates Deficits are unsecured loans to sponsor Schemes are exposed to default risk Trustees need to be confident ... read more >>
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- Author:
- Neville McKay
- Source:
- The sponsor covenant and actuarial advice seminar, 1 December 2005
Independent employer covenant reviews. Providing trustees with an assessment on the strength of the employer (handouts)
1 1 Independent Employer Covenant Reviews Providing Trustees with an assessment on the strength of the employer 2 Independent Employer Covenant Review ( IECR ) Key Messages Trustees need to be fully engaged with management to ensure that its DB ... read more >>
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- Author:
- Richard Farr
- Source:
- The sponsor covenant and actuarial advice seminar, 1 December 2005
Actions trustees can take: the three Rs - recognise, react, resolve (slides)
Actions trustees can take The three R s - Recognise, react, resolve Who am I Richard is a Partner in HRS who is responsible for leading the Pension Deficit Solutions initiative within the firm He has recently advised both the Pension Protection Fund ... read more >>
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- Author:
- Continuous Mortality Investigation
CMI Per-policy coding guide for mortality and critical illness investigations, version 1.2
CMI Per-policy coding guide for mortality and critical illness investigations, version 1.2 1 Continuous Mortality Investigation ‘Per Policy’ Coding Guide for Mortality and Critical Illness Investigations Version 1.2 – including updates to ... read more >>
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- Author:
- Nick Forrester
- Source:
- The sponsor covenant and actuarial advice seminar, 1 December 2005
Incorporating sponsor covenant risk into actuarial advice (handouts)
1 Incorporating Sponsor Covenant Risk into Actuarial Advice Nick Forrester 01.12.05 Whether to incorporate? New methodology for Actuaries Basic theory exists Counterparty credit risk / default risk Basel II / capital requirement ... read more >>
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- Author:
- Neville McKay
- Source:
- The sponsor covenant and actuarial advice seminar, 1 December 2005
Independent employer covenant reviews. Providing trustees with an assessment on the strength of the employer (slides)
1 Independent Employer Covenant Reviews Providing Trustees with an assessment on the strength of the employer 2 Independent Employer Covenant Review ( IECR ) Key Messages Trustees need to be fully engaged with management to ensure that its DB scheme ... read more >>
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- Author:
- Continuous Mortality Investigation
CMI Per-policy coding guide for mortality and critical illness investigations, version 1.1
CMI Per-policy coding guide for mortality and critical illness investigations, version 1.1 1 Continuous Mortality Investigation ‘Per Policy’ Coding Guide for Mortality and Critical Illness Investigations Version 1.1 – includes Update 1 to ... read more >>
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- Author:
- Continuous Mortality Investigation
CMI Working paper 18. 1999-2002 critical illness experience: Feedback on WP14 and future work
Continuous Mortality Investigation Critical Illness Committee WORKING PAPER 18 1999-2002 Critical Illness experience: Feedback on Working Paper 14 and Future Work CONTENTS 1. INTRODUCTION 2 2. FEEDBACK RECEIVED ON ... read more >>
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- Author:
- Jim MacLachlan
- Source:
- The sponsor covenant and actuarial advice seminar, 1 December 2005
Assessing the sponsor covenant (handouts)
1 Assessing the Sponsor Covenant Jim MacLachlan The Institute of Actuaries 1st December 2005 211/28/2005 Background Schemes in deficit longevity equity returns interest rates Deficits are unsecured loans to sponsor Schemes are exposed to default ... read more >>
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- Author:
- Nick Forrester
- Source:
- The sponsor covenant and actuarial advice seminar, 1 December 2005
Incorporating sponsor covenant risk into actuarial advice (slides)
Sponsor Covenant Risk and Actuarial Advice Nick Forrester 03.04.06 How do traditional methodologies fit? Disclosure & advice Effect on management of schemes Trustee concerns Ensure payment of promised pension for scheme members Whilst trying not ... read more >>
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- Author:
- Pensions Board
GN16: Retirement benefit schemes - transfers without consent. Version 3.1 [adopted by BAS on 19 May 2006]
This pensions Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN16 V3.1 B16.1 GN16: ... read more >>
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- Author:
- M Cardinale\; G Katz\; J Kumar\; J M Orszag
- Source:
- Sessional meeting paper
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- Author:
- M Cardinale\; G Katz\; J Kumar\; J M Orszag
- Source:
- Sessional meeting paper
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- Author:
- M Cardinale; G Katz; J Kumar; M Orszag
- Source:
- Sessional Meeting Paper
Background risk and pensions
This paper explores the effect of unhedgeable background risks such as mortality and labour risks (such as wages and turnover) on pension funding and finance. We explore the literature on the economics and finance of background risk and discuss its ... read more >>