Efficient settlement of liabilities: Shrinking your scheme

Efficient settlement of liabilities: Shrinking your scheme


Efficient settlement of liabilities: Shrinking your scheme by 70% in 12 months

Recorded: 12 December 2014

  • Overview

      Mercer was lead corporate and trustee adviser on a landmark UK defined benefit pensions de-risking project, culminating in the £2.5 billion buyout of part of the TRW Pension Scheme with Legal & General, the largest ever UK pension buyout transaction. This project demonstrates how new and existing techniques for managing and externalising defined benefit pension obligations can be combined effectively.

      Many of the techniques employed in this project can be applied to pension plans of all sizes, and there are many ways to ensure its fitness for purpose regardless of your plan’s design.

  • Why attend
    • By joining our webcast, you will have the opportunity to learn more about the project:

      • How the plan’s pension obligations were reduced significantly in one year.
      • The products and governance structures used.
      • The innovative investment techniques employed.
      • What it is like to complete a £2.5bn buyout.
  • Who should attend
    • This webcast will be of interest to senior finance executives, trustees and pensions directors/managers responsible for defined benefit pension plans of all sizes.

  • Speakers
    • Adrian Hartshorn, UK Lead, Corporate Consulting, London

      David Ellis, UK Lead, Bulk Pensions Insurance Advisory, Leeds

      Chris Hawes, Senior Associate

      Suthan Rajagopalan, Principal