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Contractual Savings Conference. Supervisory and Regulatory Issues in Private Pensions and Life Insurance Governance and other changes in the UK Tuesday 30 April 2002 Joe Robertson Occupational Pension Regulatory Authority. Contractual Savings Conference. Prudent person
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Contractual Savings Conference Supervisory and Regulatory Issues in Private Pensions and Life Insurance Governance and other changes in the UK Tuesday 30 April 2002 Joe Robertson Occupational Pension Regulatory Authority
Contractual Savings Conference • Prudent person • Member trustee knowledge and skills • Investment knowledge • Exemption for small funds?
Contractual Savings Conference • Employer Related Investments (the ghost of ENRON!) • Socially Responsible Investment L J
Contractual Savings Conference VALUATIONS • Actuarial v Accountancy standards • FRS17 • Too short a timeframe?
Contractual Savings Conference J • Are people living too long? • Investment returns • Stocks • Bonds L
Contractual Savings Conference • Flight from Defined Benefit? • Lower contributions to Defined contributions • An unnecessary panic L J