NEWS   |    April 29, 2020

Partner Jane Kola to participate in live webcast on bulk annuities in the current challenging climate

Partner Jane Kola will be speaking at the ‘Bulk Annuities in the Current Challenging Climate’ live webcast on Wednesday, 24 June.

Market volatility has impacted the pricing of all assets, including bulk annuities which have become more affordable for those already holding gilts and less affordable for those holding equities.

Jane Kola will join XPS Pensions Group’s risk transfer team in examining what has happened to pricing, the views of leading insurers, practical tips for those considering buyout and bulk annuity exercises, and will provide a legal perspective to the conversation.

Topics covered will include:

  • How many insurers will quote? Can making life easier for insurers mean more quotes and can “near-same-day” reporting be used to help trustees?
  • Is pricing cheap at the moment? Where should schemes be investing if they wish to reduce the chance of losing ground versus insurer pricing?
  • Where is the evidence of pricing? Getting information from members. Marital surveys and member profile information, is it possible to quickly and efficiently get the information the insurers need?
  • Legal trends to watch out for. Focusing on the big issues, sharing benefit specifications, holes in “all-risks” cover and tackling the risk of overshooting (over contributing) on full scheme buyouts

The live webcast will take place from 3:00 p.m. to 4:00 p.m. To register for this event please click here.

For more information about the event, please click here.

The views in this article are intended for general information purposes only and should not be used as a substitute for professional advice. Arc Pensions Law and the author(s) are not responsible for any direct or indirect result arising from any reliance placed on content, including any loss, and exclude liability to the full extent. Always seek appropriate legal advice from a suitably qualified lawyer before taking, or avoiding taking, any action. If you have any questions on the points raised in the above, please do not hesitate to get in touch.

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