About the webcast
Pensions: volatile balance sheet due to discount rate changes, inflation increasing pensions, longevity increasing the period over which the pensions are paid, associated costs. Moving pension liabilities to an appropriately funded pension company could be the most cost-effective solution.
In this webcast, which will be jointly organized by Deloitte and UBS, we will introduce the Pensioner Company as an outsourcing option for pension liabilities of ex-employees. Compared to other outsourcing and financing models, the Pensioner Company allows a more flexible, extensive, and efficient risk transfer.
The Pensioner Company market has developed over the past few years with new providers offering a range of solutions. We will outline the issues involved and ways to cope with them.
Our guest speaker Tom Payne, from UBS, will introduce an additional feature that they have developed to address the 10-year joint liability issue when a corporate spins-off a new pensioner company under the German Corporate Restructuring Act (UmwG).
Topics
- Why outsource pension liabilities?
- The design elements
- Taking account of various stakeholders
- Legal aspects
- Accounting treatment
- Special feature on dealing with the joint liability issue: UBS guest speaker
- Q&A
Information
Date
Thursday, 1st December 2022
11:00–12:00 CET
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11:00–12:00 EST
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Registration
Please note that the same webcast is picked up twice at different times.
Register here for the webcast at German time and here for the webcast at American time.
This event is jointly organized by Deloitte Consulting GmbH and UBS.
Participation fee
Participation in the event is free of charge.
Zoom
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Contact
For further questions, please contact Peter Devlin, Tel: +49 89 29036 7948.
Deloitte Speaker
Peter L. Devlin
Peter is a Partner and head of the Total Rewards practice in Germany. He is responsible for advising clients on Total Rewards (German and international, compensation, pensions and benefits). In addition he heads up Germany’s M&A Human Capital team dealing with both due diligence issues and post-merger integration projects. He has 20 years’ experience of advising clients on international Total Rewards issues. Prior to moving to Germany he was a benefits actuary and investment consultant based in London, UK. He has written numerous articles on international pension & benefits, compensation, M&A and PMI topics.