To date it has seemed that those schemes that can afford it have been heading for the same exit, an insured solution for their scheme. Current regulatory guidance also suggests schemes should aim to de-risk as soon as possible. However, the Mansion House Reforms seem to have widened the scope for schemes and changes are expected to the Funding Code to enable schemes to continue to invest productively.
The difficult question for trustees is what is in the best interest of their members? A scheme may be well funded now but that can change, and sponsoring employers can disappear overnight, something of greater risk in current tighter monetary conditions.
We think this is the perfect topic for a PensionChair debate and who better to talk through all sides of the argument with than Sammy Cooper-Smith from Rothesay and Steve Webb from LCP.
We would be delighted if you could join us.
Business Development
Rothesay
Partner
Lane Clark & Peacock LLP
Director
Law Debenture
12:15 - Arrival
12:30 - Lunch
13:00 - Chair Introduction from Daniel Barlow
13:10 - Debate starts with Sammy Cooper-Smith and Steve Webb
13:40 - Q&A and Facilitated Discussion
14:20 - Final remarks
14:30 - Close
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