A Practical Guide to Integrated Risk Management
In December 2015 The Pensions Regulator released its guidance for trustees on IRM, focusing on the interaction of the funding, investment and covenant risks in a scheme when making decisions.
But what benefit does IRM have for trustees and employers and how should they apply it in practice?
But what benefit does IRM have for trustees and employers and how should they apply it in practice?
Recorded
Nov 29 2016
43 mins
Your place is confirmed,
we'll send you email reminders
we'll send you email reminders
Presented by
Rod Goodyer, Partner and Chris Ramsey, Associate - Barnett Waddingham
Rod Goodyer, Partner and Chris Ramsey, Associate - Barnett Waddingham
Presentation preview:
Network with like-minded attendees
-
![[[ session.user.profile.displayName ]]](data:image/gif;base64,R0lGODlhAQABAIAAAP7//wAAACH5BAAAAAAALAAAAAABAAEAAAICRAEAOw==)
- [[ session.user.profile.displayName ]]
- [[ session.user.profile.jobTitle ]]
- [[ session.user.profile.companyName ]]
- [[ userProfileTemplateHelper.getLocation(session.user.profile) ]]
-
- [[ card.displayName ]]
- [[ card.jobTitle ]]
- [[ card.companyName ]]
- [[ userProfileTemplateHelper.getLocation(card) ]]
- Channel
- Channel profile
-
SSAS & SIPP Spring 2019 Update Mar 13 2019 10:30 am UTC 75 mins
James Jones-TinsleyThis webinar will provide an update of all that is going on in the world of self-invested pensions, against a backdrop of significant constitutional change within the UK.
We’ll be covering various hot SSAS and SIPP topics, including pensions tax relief, development of the Lifetime Allowance, evolving regulatory practices and transfers-in from defined benefit schemes. -
Evolving DC governance: meeting member needs Jan 25 2019 11:00 am UTC 45 mins
Senior Client Relationship Managers Martin Willis & Andy Parker - Barnett WaddinghamOur DC Conference 2018 helped delegates put themselves in their members’ shoes. Focusing on understanding the experiences, challenges and thought processes of members to give a wider perspective, it aimed to enable them to make better decisions for their scheme.
If you were unable to attend the conference, or wish to recap on some of the key messages, we are running a series of bite-size 30 minute webinars to cover some of the key topics discussed:
Providing a good pension scheme for members isn’t just about establishing a solution that’s right at a given point in time. In a world where both legislation, products and most importantly of all member needs are constantly evolving, ongoing governance is vital to ensure DC arrangements remain suitable. With reference to another case study, we look at how a well-designed governance structure can prepare a scheme for future challenges that might arise. This includes:
• Consideration of how governance fits into organisational philosophies
• Member and likely outcome analysis
• Tailoring strategy to the scheme membership
• Wider benefit integration
• Delivering change
• Engagement strategies -
DC infrastructure: the Mitchells & Butlers case study Recorded: Dec 19 2018 34 mins
Senior Client Relationship Managers Martin Willis & Andy Parker - Barnett WaddinghamAt our DC Conference, we helped delegates understand the experiences, challenges and thought processes of their members to enable them to make better decisions for their scheme – truly putting themselves in their members’ shoes.
If you were unable to attend the conference, or wish to recap on some of the key messages, we are running a series of bite-size 30 minute webinars to cover some of the topics discussed.
In this webinar, we examine the pension scheme journey of Mitchells & Butlers, one of the largest operators of restaurants, pubs and bars in the UK. Both company and trustees worked together to deliver a market-leading DC scheme with better outcomes for members at its core.
From the drivers of change and initial objectives, all the way through to analysis and scheme design – we’ll take you step-by-step through the project; including investment options, provider assessment, implementation and review. -
Pensions issues for Financial Advisers: what the next Budget can’t avoid Recorded: Dec 12 2018 42 mins
James Jones-Tinsley - Self-Invested Technical Specialist, Barnett WaddingamWhile a dearth of pension changes in the October 2018 Budget is generally a welcome thing, our Pensions Technical Specialist James Jones-Tinsley looks at key issues the Chancellor won’t be able to keep dodging and explains why they matter to financial advisers and their clients.
The Chancellor needs to find the money from somewhere to meet the promised extra funding for the NHS, amongst other things, and recently described pensions tax relief as “eye-wateringly expensive”.
Once the dust has settled, join our interactive webinar hosted by Self-Invested Pensions Technical Specialist, James Jones-Tinsley, who will guide you through all the implications - and key topics of discussion - arising from the Budget announcement.
For Financial Advisers and other professionals, the webinar will be eligible for CPD purposes. -
In your members’ shoes: the corporate overview Recorded: Nov 30 2018 30 mins
Senior Client Relationship Managers Martin Willis & Andy Parker - Barnett WaddinghamAt our DC Conference, we helped delegates understand the experiences, challenges and thought processes of their members to enable them to make better decisions for their scheme – truly putting themselves in their members’ shoes.
If you were unable to attend the conference, or wish to recap on some of the key messages, we are running a series of bite-size 30 minute webinars to cover some of the topics discussed.
Inspired by the session delivered by Bill McNabb, Chairman of the Board of Vanguard, this webinar will consider how the strategy you bring to your benefit proposition should reflect the organisation’s culture.
This includes engaging the workforce to ensure optimum service is provided, assessing relative value and "looking forward" to identify future trends for both benefit provision and propositional offering. -
GMP Equalisation Recorded: Nov 9 2018 47 mins
John Cormell FIA, Associate, Barnett WaddinghamThe high court judgement on the GMP equalisation Lloyds case has been handed down.
Does it open the door to the opportunity of genuine pension simplification, or slam it firmly shut?
Join Head of GMP equalisation; John Cormell as he discusses what this means for trustees and sponsors;
•Funding implications
•Accounting implications
•Scheme administration
•GMP conversion and pension simplification -
Is your organisation fit for the future? Recorded: May 23 2018 49 mins
Peter Meyler, Head of Workplace Consultancy, Barnett WaddinghamThe value created by employees in a healthy organisation is vital to achieving long-term sustainable business success. How healthy is your organisation? It could be time for a check-up.
To receive event invitations, blogs and newsletters from Barnett Waddingham please visit www.barnett-waddingham.co.uk/sign-up -
Is CDC the solution? Recorded: Mar 22 2018 39 mins
Paul Hamilton, Barnett Waddingham and Rajish Sagoenie, Milliman PensioenenDefined benefit pension schemes with future service benefits have been largely forgotten by the DWP and the Pensions Regulator, but future service costs can cause even more problems (for those employers that do wish to provide them) than the well-publicised past-service deficits.
A few high profile schemes, such as Royal Mail, have started to ask for legislative changes to allow “Collective DC” (or CDC) schemes to be used in the UK. Barnett Waddingham Partner, Paul Hamilton looks at how DB future accrual works (or doesn’t work) in the UK, and is joined by Rajish Sagoenie, Managing Director of Milliman Pensioenen in The Netherlands to talk through his experiences of working with CDC schemes there. -
Could a buy-in or buy-out be right for your scheme? Recorded: Feb 23 2018 45 mins
Gavin Markham, Partner and Head of Bulk Annuities and Chris Hawley, Associate - Barnett WaddinghamAre bulk annuities a potential option for your scheme? It could be the right time to consider a transaction. Buy-ins can play an important role in any de-risking journey – offering an effective way of removing both financial and demographic risks. -
SSAS and SIPP Adviser Webinar Recorded: Feb 22 2018 50 mins
James Jones-TinsleyThe approaching tax year end is the time when most people examine their personal and company finances.
To help professional advisers be ready for client questions at a time when every minute counts and travelling time is unwelcome – we’re hosting a live webinar with a strong technical focus in February.
Join us live to watch and ask questions, or catch up when you can to keep in perfect technical tune. -
Death by Actuarial Reports Recorded: Feb 21 2018 42 mins
Kim Durniat - Partner and Head of Life Consulting and Amit Lad - Actuary, Barnett WaddinghamThere is no getting away from it - actuarial reports are a fact of life and are here to stay.
Important and material information can easily get lost in long technical and “boring” reports. This makes it difficult for report users such as committees and boards to identify the key issues, and increases the risk of suboptimal decision-making.
It is unlikely that any actuarial report will ever win the Man Booker prize, however, there are many things you can do to make the writing process easier and make the report less dreaded by its users.
This webinar will cover how to improve the writing process of reports and make long, technical and “boring” reports a thing of the past. -
Pension financial reporting – your year-end insights Recorded: Nov 29 2017 37 mins
Adam Poulson, Head of Corporate Consulting in the NorthJoin our webinar where we will discuss current issues in financial reporting for pension schemes, under IAS19 and FRS102, and the flexibility in assumption setting – which can drastically reduce deficits.
As mentioned in recent news articles, Tesco reduced their balance sheet deficit by nearly £3bn. We will explore this and help you understand what reasonable changes you can make under the standards - reducing your pension balance sheet.
We’ll take you on a journey in understanding year-end market conditions and why you should reconsider your year-end methodology. -
How to produce KIDS for Category 2 PRIIPS Recorded: Nov 3 2017 34 mins
Scott Eason - Partner, Patrick Gloster - Actuary Barnett Waddingham and Richard Brown, Johnston CarmichaelIn this webinar we will demonstrate how easy it is to create Key Information Documents (KIDs) for Packaged Retail and Insurance-Based Investment Products (PRIIPs), in line with the new regulations coming into force on 1 January 2018, using Barnett Waddingham’s KIDs for PRIIPs tool. Throughout the demonstration, we will discuss the key inputs and decisions required to ensure compliance. -
Implications of the PPF’s Levy consultation Recorded: Oct 25 2017 43 mins
Chris Ramsey FIA, Associate, Barnett WaddinghamThe Pension Protection Fund (PPF) released a consultation on 27 September 2017, setting out draft rules for the PPF levy and significant changes on the way this will be calculated. The changes are designed to improve the fairness of the levy, but will inevitably lead to winners and losers and for some schemes, the change in levy will be very significant.
We’ll be looking at the impact of the PPF’s proposals and what actions trustees and employers can take to reduce their levy. -
What's Brewing in Pensions Recorded: Oct 3 2017 43 mins
James Jones-Tinsley, Self-Invested Technical Specialist, Barnett Waddingham LLPA short round-up of topical matters regarding pensions; particularly given the political and economic backdrop arising from the General Election result, and the start of the Brexit negotiations. -
How to cope with KIDs (Key Information Documents) Recorded: Sep 22 2017 50 mins
Amit Lad - Actuary, Patrick Gloster - Actuary, Scott Eason, Partner, Insurance Consulting – Barnett WaddinghamIn this webinar we will demonstrate how easy it is to create Key Information Documents (KIDs) for Packaged Retail and Insurance-Based Investment Products (PRIIPs), in line with the new regulations coming into force on 1 January 2018, using Barnett Waddingham’s KIDs for PRIIPs tool. Throughout the demonstration, we will discuss the key inputs and decisions required to ensure compliance. -
To DC or not DC? Should you implement a Defined Contribution (DC) pension scheme Recorded: Jul 11 2017 44 mins
Paul Hamilton – Partner and Head of Higher Education and Martin Willis – Associate, Workplace Health and WealthWith Defined Benefit (DB) schemes in the Higher Education sector seeing a steady increase in costs, many institutions are now considering whether to move a proportion of their staff onto a DC scheme. DC schemes can introduce a lot of freedom and flexibility for staff members which can be very valuable, however setting up a DC scheme can also be a complicated exercise and may initially create concerns for those staff members being moved. Therefore the key to a successful DC launch is getting the right provider, the right level of benefits and ensuring that you are engaging with staff in a way that helps them to see the potential. During this 45 minute webinar we hope to give you an understanding of the key issues when thinking about setting up a DC scheme. -
Setting longevity assumptions for a forthcoming valuation Recorded: Jun 6 2017 40 mins
Katherine Fossett - Actuary, Longevity Consultant and Jon Palin - Associate, Senior Longevity Consultant - Barnett WaddinghamDo you have the right tools to help with understanding longevity risk in your pension scheme?
And how informed do you feel about the latest developments in the fast-moving area of longevity research?
As UK pension schemes mature, longevity risk is increasingly becoming the main area of exposure, but remains an area where many trustees are unsure of the level of risk exposure in their pension scheme.
Our webinar focuses on practical tools for understanding the longevity risk exposure inherent in the business as usual operations of individual pension schemes. It also highlights some of the latest research and hot topics in longevity, that are relevant to pension scheme stakeholders with an interest in improving their understanding of longevity risk. -
Managing Longevity Risk in Pension Schemes Recorded: Jun 5 2017 35 mins
Richard Gibson FIA, Partner and Head of Longevity Risk Transactions - Barnett WaddinghamIs your scheme exposed to longevity risk? We will explain innovative ways of assessing and removing risk that are even achievable for small and mid-sized pension schemes. -
Self-Invested Pensions Webinar: Tailored to your taste Recorded: May 24 2017 60 mins
James Jones-TinsleyJoin our interactive webinar hosted by Self-Invested Technical Specialist, James Jones-Tinsley to hear about hot topics and current issues, from pensions tax relief and the tapering of the Annual Allowance, to pensions freedoms and death benefits.
Beyond the expected
Barnett Waddingham is the UK’s largest independent provider of actuarial, administration and consultancy services.
![[[ webcast.title ]]](/resources/images/diamond-100x75.jpg?v=f48e282a16e343dca3b6ebf965a1e70728a1f172)
Successfully added emails: 0
Remove all
- Title: A Practical Guide to Integrated Risk Management
- Live at: Nov 29 2016 11:00 am
- Presented by: Rod Goodyer, Partner and Chris Ramsey, Associate - Barnett Waddingham
- From:
