Paul Gibney, John Clements - LCP investment partners
A brave new world? The Pensions Regulator has released its first ever investment guidance for DB trustees.
In this webinar, LCP investment partners John Clements and Paul Gibney will take 30 minutes to draw out the key points from the guidance and describe the practical steps trustees can take to address the issues raised.
This is a great opportunity to make sure that your investment strategy is fit for the future.
In this webinar we take you through how our DB pension client (T H WHITE) moved from a £13.8m buy-out deficit to being able to secure their members’ pensions in full with a £25m buy-out. Ultimately, they only paid £4.8m of contributions and were able to wind-up the scheme with a surplus refunded.
We look at how the key ingredients of an effective investment strategy, good preparation and governance, and seizing opportunities with insurers could help you achieve your objectives ahead of schedule, and with much lower company contributions than originally expected.
Who should watch this webinar?
Trustees or sponsors with closed defined benefit pension schemes (under £100m) who have an ultimate goal to buy-out and wind-up.
During this webinar we will look at how Aggregate Industries and the ICI Pension Fund have used phased de-risking to take down their pension risk over time. We will discuss how Aggregate Industries implemented their £135m follow-on buy-in in 2016 and how the trustee of ICI used innovative umbrella contracts to move quickly, securing £2.7bn across five buy-ins in six months over 2016.
Clive Wellsteed, Charlie Finch (Partners in LCP's de-risking practice)
In this webinar Clive Wellsteed and Charlie Finch discuss the key findings from LCP’s December 2016 pensions de-risking report on the buy-in, buy-out and longevity swap market– now in its tenth year – including their predictions for 2017. They also provide some practical advice for pension plans considering whether to transfer risk to an insurer in the future, including building a business case for a buy-in and how to lock-in pricing opportunities with insurers.
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.
Laura Myers, Paul Gibney, Andy Cheseldine, Hayley Williams
Discover what DC schemes should be focusing on now, following the EU referendum results, including:
- The impact of Brexit on investment strategies – now and in the future
- Key market and legislative updates for you to be aware of
- How to ensure your communications are effective in times of uncertainty
Tim Sharples, Richard Soldan and Sam Mullock discuss the meaning of the latest Growth Plan valuation for those not-for-profit organisations that participate, having recently received details of their new deficit contributions payable from April 2016.
Discover the practical implications of the Pensions Regulator's recent guidance on Integrated Risk Management, from their Code of Practice on Funding Defined Benefits, with LCP Partners James Atherton, Jill Ampleford and John Clements
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 Lakey
Alex Waite, Ian Gamon and Rachel Banham discuss the contracting out “subsidy” that ends in 2016, which will see significant cost increases without action now. This webinar will be most relevant for: Pensions Managers, HR and Finance professionals; with responsibility for defined benefit pension schemes; with continuing benefit accrual; which are “contracted out” of the State Second Pension.
Understand how you might be able to reduce your levy under the PPF's proposed changes that could see the levies of 1 in 10 schemes jump by £50,000 or more, which will be in place from 2015/16 to 2017/18.
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