Name: Bulk Annuities - Best ways to approach buy-ins and buyouts
Start: 2019-11-12T11:00:00Z
End: 2019-11-12T11:58:07.000Z
Location: BrightTALK
Rating: 5

Barnett Waddingham is the UK’s largest independent provider of actuarial, administration and consultancy services.

The PPF has recently published its consultation on the 2021/22 levy year, setting the rules for the levy to be invoiced in autumn 2021. This comes at a particularly uncertain time for the PPF, with the prospect of an increased level of COVID-19-related insolvencies on the horizon. Lewys Curteis, Associate and Head of PPF Levy Consulting, will lead you through the PPF’s proposals, and what this might mean for future PPF levies. He will also provide an overview of the change in the insolvency risk provider from Experian to D&B, and the impact of COVID-19 on individual company scores.

The new PPF levy triennium – what’s changed?

Join our experts Simon Bramwell, Principal, Head of Longevity Risk Transactions and Will Rice, Partner, who will be joined by Alan Baker, Trustee Director from LawDeb for a joint webinar in which they discuss how trustees should be reflecting the significant mortality trends in recent years in light of the impact of Covid-19. It is vital for trustees and sponsors of DB schemes to understand the life expectancy of their members to complete valuations, assess risk management options and calculate transfer values. Thus leading to the big question; what is the impact of Covid-19?

Throughout this webinar our speakers will explore many ways that Covid-19 is impacting on mortality. Such as the mortality experience in 2020, the varied impacts between pensions schemes, and how Covid-19 has changed our view of future life expectancy and much more.

How has Covid-19 changed life expectancy? Implications for DB Pension Schemes

Funded Unapproved Retirement Benefit Schemes (FURBS) remain relevant and can provide a variety of investment opportunities, plus valuable retirement and death benefits. Join Ian for a look back at why FURBS were originally introduced and why they remain a useful vehicle for those people that established and funded a scheme prior to 5 April 2006.

FURBS for members

FURBS for advisers

The Lifetime Allowance (LTA) limits the tax-effectiveness of pension wealth.  Through successive amendments to the level of the allowance, the rules regarding how pension wealth is taxed have grown more complex.  Rather than set out a comprehensive guide to all the variations, this webinar looks at examples of the more common instances where pension wealth exceeds the Lifetime Allowance, including cases where the savers have Enhanced Protection or Fixed Protection.

How the Lifetime Allowance works in practice for members

How the Lifetime Allowance works in practice for advisers

With the recent publication of The Pensions Regulator’s interim regime for capital-backed consolidation vehicles, the first “superfund” transactions are now closer than ever.  The superfunds could be an attractive option for the trustees and sponsors of schemes which might not be able to afford a full buyout in the short term.

Join this webinar with Amanda Latham, Jack Sharman and Tom Hargreaves, who have been actively involved in researching and advising clients on the superfunds since their launch in 2018.

This webinar will give you:
•an independent view on the new superfund models and who they’re suitable for
•confidence in assessing the superfunds in the context of the full range of options for the long-term destination for your scheme
•an understanding of how to start planning your scheme’s journey towards your long-term target

Navigating the DB superfund regime – is it right for you?

Trustees of a SSAS have a lot to think about when settling death benefits, including finding and notifying relevant parties, valuing assets and calculating the late member’s share of the Scheme, deciding who should benefit, agreeing the type of benefits that will be paid and how the benefits will be funded. Lisa will consider how this works in practice, and what's needed to enable benefits to be paid correctly.

How to distribute death benefits in practice for members

How to distribute death benefits in practice for advisers

This is a detailed look at trustee considerations around property investment. In this webinar Mark will cover a range of areas, including tax advantages, connected party tenancies and risks associated with listed properties. Book your place now to get up a solid understanding of what to be aware of and what to look out for when considering property investment.

An in-depth look at property investment for members

An in-depth look at property investment for advisers

If you want a better understanding of how we calculate a members fund share, why it's important, what can impact it and further considerations with regards to differing investment strategies, this is the session for you. Including examples of simple and complex scheme structures, this session aims to help you better understand what can sometimes appear as quite an abstract topic. Don’t worry, there are no calculators or maths degrees required!

Calculating member fund shares and earmarking investments for members

Calculating member fund shares and earmarking investments for advisers

Further to the Chancellor’s “Plan For Jobs” in July and ahead of the Autumn Statement, James will look at possible changes to pensions in order to help meet the cost of the Covid-19 pandemic. Updates will also be provided on other SSAS-related topics, including Pensions Dashboards and pension transfers, as well as HMRC’s temporary easements to rental payments and loan repayments because of the pandemic.

Current relevant topics for members

Current relevant topics for Advisers

There are some difficult and occasionally frightening responsibilities that come with being a trustee or Scheme Administrator. We discuss the work that needs doing to satisfy the rules and regulations, so that the scheme members have peace of mind about their hard-earned pension scheme assets.

The role of the SSAS trustee and Scheme Administrator for Members

The role of the SSAS trustee and Scheme Administrator for Advisers

In our webinar series, we address the issue of what does a portfolio that is aligned with the Paris Agreement look like in practice. At Barnett Waddingham, we believe that far from being a ‘current issue’, the management of ESG risks will be critical to investment success in the short, medium and long-term.

Impact assets or assets that are being managed to take advantage of the opportunities that climate change and ESG create will be discussed in this third in the series webinar. We discuss the different active management styles that can be used, where we see the opportunities for impact assets and how they can be accessed. We add to this by illustrating to trustees the impact on their carbon footprint by moving to a more climate aware portfolio. Crucially, we also discuss the risk and return characteristics of doing so and seek to leave trustees with the question ‘Why would you choose to remain overweight carbon and risk?’

ESG webinar series: Impact of assets

Join Gavin Markham, Head of Bulk Annuities, and Rosie Fantom, Bulk Annuity Consultant as they look at the best way to approach buy-ins and buyouts and achieve your transaction objectives. We will consider the main issues and options supporting decision-making as part of these processes, and provide insights into enhancing insurer engagement to help optimise the outcome for the scheme.

Uzma Nazir from Pension Insurance Corporation, completes our panel to share an insurer’s perspective on what she sees as working well in completing transactions.

Bulk Annuities - Best ways to approach buy-ins and buyouts

Pensions

Small businesses and enterprises alike are competing for not only market share, but also for the best employees to move their businesses forward. Competitive salary and benefits packages are the foundation of high employee satisfaction. Join this community to keep up with changing regulations and learn how to optimize workforce costs with competitive yet cost-effective employee benefits and compensation plans.

Benefits and Compensation

Get powerful human resource management insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge on which HR practices and strategies have been shown to be effective in retaining and growing talent.

Human resources is intrinsically linked to business success and requires a thoughtful balance of a variety of complex issues. The human resources community on BrightTALK is made up of thousands of professionals in human resources exchanging human resources best practices and advice. Watch hundreds of on-demand webinars for immediate information or participate in upcoming live webinars and have your questions answered by respected HR thought leaders.

Human Resources

Get powerful finance insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge that will help you to determine which financial factors build or erode value in your organization.

Finance

The accounting and finance community on BrightTALK features presentations from leading accountants and finance professionals. The accounting community includes tax planning strategies, QuickBooks webinars and other accounting webinars, while the finance community features presentations on financial capital regulations and forensic data analytics. Join the conversation by attending live financial and accounting presentations and connecting with industry thought leaders.

Bulk Annuities - Best ways to approach buy-ins and buyouts

Presented by

About this talk

More from this channel