Cross-practice event: Implications of low bond yields for Life and Pensions practice areas

This session will look at the current record low yield bond environment and explore:

• reasons why we are where we are
• the monetary policy response,
• Quantitative easing – the theory Vs the practice
• possible future market outlook 

Practitioners from Life Insurance and Pensions will discuss the implications of low bond yields.
e.g. For Pensions: the impact on DB scheme valuations (ongoing/funding standard/accounting) and associated issues such as funding proposals, risk reserves, member options, etc and impact on DC members (annuity costs, benefits of life-styling, ARF drawdowns).

e.g For Life Insurance: the impact on reinsurance rates, reinvestment rates, new business, product pricing etc.

Alternative investment options will also be explored.