mallowstreet Live: Should a pension fund be targeting 'buyout' ?

Sponsored by

Rothesay Life

Legal & General

Premier Pensions Management

mallowstreet Live: Should a pension fund be targeting 'buyout' ?

In this Live Debate, we will be asking whether a pension fund should be targeting 'buyout'. Over the course of the debate, our expert panel will be discussing:

What are the main considerations a trustee board need to think about when deciding on a buyout / buyin?
How does a pension fund get ready for a buyout? What assets, data, structure needs to be in place?
Is a buyout right for every pension fund?
How do you price a buyout? What types of assets should a pension fund need to have in place for the best buyout price?
What will be / is the impact of Solvency II? What does the competitive landscape look like (e.g. consolidation) how will this impact the market going forward?

Join us for what is certain to be a lively and topical discussion.

Do you have a question for our panel?

Email events@mallowstreet.com and we will endeavour to answer as many as we can on the day.

Speakers

John Reeve - Premier Pensions
John is a qualified actuary focusing on advice to Trustee Boards and Employers regarding the effective and efficient management of their pension arrangements. John has deliberately decided not to hold a Scheme Actuary Certificate so that he can focus more on advising clients and not be distracted by the compliance requirements that go with the statutory role. Having managed large organisations in the past, John now brings his business knowledge and experience to help clients manage their arrangements in the interests of their business and the pension plan members. Over the past 5 years, John has advised a number of clients with regards to de-risking options including ETVs, Trivial Pensions exercises, buy-ins and buy-outs, focusing primarily on options that are in the interests of the members, the employer and the trustees. John is recognised for his clear explanation of complex issues and on creating pragmatic solutions to the problems that clients face.
John Towner - Legal and General
John is a Head of Origination for Legal & General’s Bulk Annuity and Longevity Insurance business where he helps defined benefit pension schemes transfer risk and better secure their member benefits. Prior to Legal & General, John was an investment consultant at Redington and advised DB trustee boards on their investment, risk management and funding policies. He began his career in asset management and then moved to investment banking where he built up sixteen years of market experience.
Sammy Cooper-Smith - Rothesay Life
Sammy is Co-Head of Business Development at Rothesay Life. His role is to lead the deal process, liaising with prospective clients and their advisers from the initial stages through execution. In this role Sammy has worked on a number of risk transfer processes including the reinsurance arrangement with Zurich and the £1.6bn buy-in with the CAA Pension Scheme among others. Sammy has been with Rothesay Life since they acquired Paternoster in 2010 and has worked in pension de-risking for 10 years, and annuities in general for 18 years.