High earners face large additional tax bills on the build-up of their pension after 6 April 2016. Find out who is likely to be affected and what can be done to mitigate the effects.
Relevant to HR professionals and Finance Directors
Thinking strategically in an environment that requires constant tactical reaction, has become increasingly difficult. And when you’re managing a pension plan, we understand the importance of constantly addressing both. In an effort to help in this process, our investment experts have created a new quarterly webinar series designed to discuss the key market events and regulatory items that specifically affect retirement plans and provide actionable ways to address them.
In our inaugural webcast will focus on three key areas:
1.Market Update – navigating the low interest environment
2.Regulatory Review – understanding the latest Pension Protection Act provisions
3.Case Studies – Innovative ways to increase duration
•Dan Kutliroff, Senior Retirement Solutions Strategist
•Jessica Hart, Practice Lead, Retirement
•Armand Yambao, FSA, EA, CFA, Director of Pension Risk Strategy
Register now for this quick, yet informative, 30 minute update to explore the most pressing items impacting retirement plan management.
Join LCP and Nabarro Law for a webinar for pension scheme sponsors who need to manage their pension challenges going into 2017.Read more >
The question and answer session from The Forum's Pensions Reform discussion in September 2014. Panel includes: David Dunn, Making Sense of Retirement (Chair); Mel Duffield, Pensions Policy Institute; Tim Gosden, L&G; James Coney, Money Mail; Simon Lambert,Thisismoney.co.uk.Read more >
The third presentations from our recent Pensions Freedom event. The Pension bombshell dropped by The Chancellor in the March budget has galvanised the UK market. Recent research will show how the UK consumer has reacted to the changes. In other countries where savers do not have to buy annuities (e.g. Australia and USA) what do retirees do with their pension pots? What does the retirement income market look like and what products have developed and prospered? What has driven consumer behaviour in those markets? And, with the new pension flexibilities in the UK, what would be a good outcome from a regulatory perspective?Read more >
Following the EU referendum, falling bond yields have pushed company pension liabilities, measured under IAS19, FRS102 or overseas accounting standards, to new heights. This webinar will update companies on how they react to these challenging conditions.Read more >
LCP discuss the implications of Brexit and what steps pension scheme trustees and sponsors should be taking next.Read more >
Partners Alex Waite and Paul Gibney discuss the impact Brexit will have on the UK Pensions industry, prior to the results of the EU referendum.
Note: This webinar was held prior to the EU referendum, please view the latest webinar on post-EU refendum advice - https://www.brighttalk.com/webcast/8589/213313
As a means of helping ease the burden of pension liabilities, de-risking transactions remain high on the agendas of corporate sponsors and trustees.
When considering de-risking, principal focus is often justifiably spent on identifying the correct solution for the best price. However, other factors also deserve similar focus – transactions such as pension buy-ins or the use of longevity swaps often involve considerable complexity, with the resulting collateral structures persisting long after deal completion.
We invite you to join this webinar, in which we will explore these issues further. After assessing current trends in de-risking, we will focus on how three specific types of transaction – the collateralised buy-in, the use of longevity reinsurance or swaps, and the trapped surplus vehicle – can be supported.
Though this session, we aim to equip pension managers, trustees and corporate sponsors with a further understanding of the timeframes involved in these transactions – and share experiences of how deals have been successfully executed.
The Pensions Agenda for the New GovernmentRead more >
Watch our discussion on the key developments in the buy-in, buy-out and longevity swap market and the opportunities for pension plans in 2016.Read more >
Steve Bee is a prominent pensions strategist. Aside from his role at a major life company, he contributes columns and cartoons for a number of industry publications.
Steve is well known for his campaign to simplify the jargon that surrounds the world of pensions. In the same entertaining down-to-earth way, his presentations tackle head on what many seem to be ignoring.
Half the workforce has no occupational pension. Even if we do make provision, there's no guarantee that it's safe. What of the employers that have changed their payouts from final salary to defined contributions? What of the 300,000 stakeholder pension schemes, which hardly anyone has joined?
Steve Bee was named in Money Marketing's list of the most influential names in UK financial services. He tells audiences how it is, and how he sees the future.
Understand the pension accounting pitfalls to avoid; opportunities to sieze upon and actions that companies can take as they prepare for the year end - with LCP Partners Phil Cuddeford, Tim Marklew, Carla LakeyRead more >
In place of a threatened radical overhaul to pensions tax relief, Budget 2016 introduced numerous smaller measures impacting pension savings, including; the Lifetime ISA, changes to Stamp Duty Land Tax on commercial property and various improvements related to taking benefits, all of which will be discussed in the webinar. On top of these, there are the new forms of protection and tapering of the annual allowance.Read more >
The Budget 2016 might not have seen the widespread changes to the pension taxation system that many had been anticipating – however, there are still key pension considerations to be aware of in the new tax year.
Our upcoming webinar hosted by DC expert, Phil Duly, will help you to understand any issues affecting the scheme you provide and your workforce, including:
•Ensuring that your pension scheme complies with the 6 April changes;
•Understanding of any areas that may need review;
•Ideas for how you can get a better return on the company’s benefit spend;
•Understanding whether your high earners are likely to be affected and what the company can do to help; and
•Approaching your automatic re-enrolment date with confidence.
In April 2015 the government introduced a range of legislative changes designed to increase the flexibility that individuals have when accessing their pension savings from age 55 onwards.
Although these changes apply mainly to defined contribution (DC) schemes, there is an inevitable knock-on effect to defined benefit (DB) schemes too.
Join our webinar on Tuesday 26 April, where we will be looking at the overall market experience within DB schemes, following the introduction of the new pension flexibilities.
Over the course of the webinar Partner, Andrew Vaughan, will share valuable insights gained from our recent market research and will identify the actions which companies and trustees should consider.
You will also have the opportunity to pose your questions to Andrew at the end of the session.
Andy Dickson, Invesment Director, and David Bint, Multi Asset Investment Specialist, will discuss the challenge of defining value for money in DC pensions and consider the various aspects that influence member outcomes including the investment approach.
Dial in details:
0808 109 0701 - UK Toll Free
Access PIN: 8038665#
How are default funds going to have to change now that annuity reform has come in? What responsibilities do pension schemes have to ensure members don’t run out of money in retirement? These are two of the questions tackled by our panel of experts:
Clive Gilchrist, Deputy chairman, BESTrustees
Nigel Aston, Managing director, head of European defined contribution, State Street Global Advisors
Tim Horne, DC investment solutions manager, Schroders
Pension Freedoms - one year on. This webinar will review what we have witnessed since April 2015 to consider the challenges your clients face in securing stable and certain income through retirement.
Join Mark Baldwin, Distribution Development Director, MetLife, and Richard Evans, Intermediary Development Manager, MetLife, for this 40 minute webinar where we will consider the key issues facing your clients in the run up to, and through, retirement.
Drawing on research findings to illustrate the thoughts and expectations of clients in this space, they will provide a high level overview of how guarantees can help protect, recover and repair your client’s retirement position.
Pensions freedoms in the UK are now nearly 6 months old. Advisers have been adding value by helping clients make an informed decision on the choices available, but are all tools that are available to help in this process equally fit for purpose?
Understanding how the tools work and their limitations is a critical step both in providing compliant and robust advice, and in explaining the results to clients.
eValue explains the methodologies and limitations of the income planning tools provided to advisers to help advisers ask the right questions to become comfortable with the tools selected. The webinar covers:
- Why the modelling risks are so important in post retirement income planning
- The main types of forecast methodology and their limitations
- What to look out for when choosing your income planning tool
Panacea Retirement Choices 2016: Pensions DiscussionRead more >
This webinar solely for attendees going to the ninth annual SMSF Strategy Day with Grant Abbott will provide some great ideas to take to clients prior to year end and will provide a strong and secure knowledge base for the upcoming Strategy Day. We will also look at what to do if minimum pensions are not met including using Promissory Notes.Read more >
Phil Cuddeford, Tim Marklew and Alex Waite discuss avoiding the pitfalls of the new UK GAAP and new developments in IAS19.Read more >
How to tackle today’s urgent pension challenges and strengthen your fund for the long term
• Are you thinking what they’re thinking? The five-year trends predicted by a State Street survey of 150 European pension funds, conducted by the Economist Intelligence Unit.
• Learn about the best strategies for managing funding gaps and tackling shortfalls.
• Hear expert solutions to the growing data challenge for pension funds, amid the focus on governance and reporting.
• What steps are pension funds taking now to “future proof” their plans for the long term?
• Jörg Ambrosius, Senior Vice President, State Street Global Services
• Paola Bergamaschi, Senior Vice President, , State Street Global Markets
• Raymond Haines, Head of European Strategy and Research, Investment Solutions Group, State Street Global Advisors
• Nikolaus Schmidt-Narischkin, Managing Director at DB Advisors Fiduciary Management
• Brendan Maton, IPE