Redefining the path to securing members’ benefits
Redefining the path to securing members’ benefits
Webinar by Cardano
Developments in the risk transfer space have dominated pensions media headlines over the last few weeks:
- New insurers are entering the bulk annuity market
- Superfunds are now allowed to distribute returns to their investors, and
- Capital requirements have been relaxed for capital backed providers who rescue a pension scheme from the Pension Protection Fund (PPF)
These developments are intended to invigorate innovation and accelerate the pace of consolidation in the pensions market.
So, how should trustees and sponsors of pension schemes navigate these new developments when trying to work out which options are accessible and optimal for securing their members’ pensions?
Join Cardano’s Adolfo Aponte and Jonathan Repp as they consider the key questions for trustees and sponsors that these developments raise.
-
Fees
free for members and non-members -
3
speakers -
1 hour
of CPD -
Online
BrightTALK
Event Details
THE BASICS
- How should trustees and sponsors of pension schemes navigate these new developments when trying to work out which options are accessible and optimal for securing their members’ pensions?
- Pension Scheme Managers
- Trustees
- Administrators
- Policy advisers
- Consultants
- Lawyers
- Corporate IFAs
- Investment managers
- Actuaries
- Communication professionals
Adolfo is a Managing Director at Cardano Advisory. He leads Cardano’s growing Risk Solutions practice, which designs, executes, and supports trustees, corporates and asset owners on a wide range of underwritten, risk transfer structures, including bulk purchase annuity contracts and longevity swaps. The team is recognised as a market leader in counterparty analysis, having provided insurer counterparty advice on over 150 transactions covering over £75bn of pension liabilities since 2014.
Adolfo has experience working with insurers, reinsurers, banks and alternative de-risking providers on solvency, regulatory and other corporate matters that drive the strategic decision making. Prior to Cardano, Adolfo worked in New York in both corporate finance and capital markets roles.
At Clara Ashu works with trustees, sponsors and their advisers to determine whether Clara can improve outcomes for members. Where Clara can improve member outcomes, Ashu works with all parties to transfer to Clara. Ashu joined Clara in 2018 to help implement a new more affordable way to improve member outcomes. A more affordable way to improve member outcomes was a key objective in both initial discussions Ashu had with the trustees of Sears and Debenhams schemes as well as in the ultimate decision to transfer to Clara. Prior to Clara, at WTW, Ashu was a Scheme Actuary advising trustees and also advised other DB pension scheme sponsors. More recently Ashu led bulk annuity transactions at L&G.
Jonathan Repp is a Director at Cardano Advisory. He helps corporate and trustee clients assess and implement buy-in, buyout, capital backed and superfund solutions. Jonathan has a long track record advising clients on pension financing, accounting, liability management and risk settlement. He recently joined Cardano from EY, where he led the business’ consulting on superfund and capital-backed arrangements. Prior to that he was with Mercer for 15 years.
