Endgame Update: Buy In vs Buy Out vs Run off vs Consolidation etc

Date:

24 November 2022 12:00 to 14:30

Venue:

Barber-Surgeons’ Hall, Monkwell Square, Wood St, Barbican, London EC2Y 5BL

Chairperson:

Jayne Atkinson, UK &Overseas Chief Investment Officer, Unilever Pensions

Details:

With recent movement and volatility in gilts markets, albeit with challenges around LDI strategies, providing a silver lining for many schemes of improved funding levels, what should schemes now be considering? Is their target journey plan towards a risk settlement solution such as buy ins, buy out or even consolidation now closer to being achievable? Or should they also now perhaps consider moving towards run-off?

Some key areas considered included:

Buy in/buy out/consolidation – which options are now achievable and available?
What are the main practical challenges in doing any risk settlement solution?
Implication of interest rate and market volatility for your strategy going forward for your intended journey plan?
How should schemes be treating longevity risk now and should they be considering longevity swaps in the current climate?
Different approaches to risk settlement or run off?
How should schemes be considering their illiquid allocations?
If buyout is not achievable due to capacity issues, should scheme be targeting run-off and if so, what does it mean for your strategic asset allocation now?

Benelux Forum – Belgian Meetings.

Benelux Forum – Dutch Meetings.

International Seminar.

Irish Pension Fund Investment Forum.

Money Purchase Pensions Forum.

Nordic Forum.

Pensioen Bestuurstafel.

Pension Trustees Circle.

Private Markets Investors Forum.

Southern Africa Pension Fund Investment Forum.

Swiss International Forum.

UK Pension Fund Investment Forum.