IAA PENSIONS SEMINAR

5-7 JUNE 2001
THE GRAND HOTEL, BRIGHTON

TECHNICAL PROGRAMME

TUESDAY 5 JUNE

18:00 onwards	Registration
19:30	Dinner

WEDNESDAY 6 JUNE

07:00	Breakfast
09:00	Opening remarks Mo Chambers, President, IAA Chris Daykin, Conference Chair
09:10	Keynote Lecture: Global Overview of Social Security and Private Pension Systems Speaker: Chris Daykin
10:00	Tea/Coffee
10:30	Principles and practice of social security reform – Plenary Session Principles of social security reform - Alvaro Castro-Gutierrez Privately managed pension schemes: theory and reality - Chris Daykin Social security reform in less developed countries – Giovanna Ferrara Solving the annuitisation problem in the Polish pension reform – Wojciech Otto and Marian Wisniewski Discussion
12:45	Lunch
14:00	Protecting the interests of members of private pension funds – Plenary session The Minimum Funding Requirement in the UK – Peter Tompkins (Slides) The role of the pension regulator – George Russell (Slides) and Joe Robertson Preservation and transfers – Philip Shier Discussion
15:30	Tea/Coffee
16:00	Designing pensions for the 21st century Impact of demography on private pension funds - Syvester Scheiber Comparison of actuarial methods in the EU – David Collinson Corporate pension reform in Japan - Ryo Matsubara / Tadashi Nakada Stakeholder pensions in the UK – Tony Conn
19:30	Drinks Reception
20:00	Convention Dinner After Dinner Speaker – John Hayes, Former Chairman, Opra

THURSDAY 7 JUNE

07:00	Breakfast
09:00	Professional responsibilities of pension actuaries Professional responsibilities of pension actuaries – Patrick Flanagan (Canada), Johanne Heymans (EU) Conversion from defined benefit to defined contribution – the South African experience – Jeremy Andrew Cash balance plans in the USA – Ron Gebhardtsbauer Panel Discussion
10:30	Tea/Coffee
11:00	Breakout Sessions 1 Principles and Practice of Social Security Reform Protecting the interests of members of private pension funds Designing pensions for the 21st century
12:45	Lunch
14:00	Breakout Sessions 2
15:45	Final plenary session Practice guidelines for social security actuaries - Hillevi Mannonen Asset/liability modelling for pension funds – Richard Chapman Accounting for pension costs – Chinu Patel
16:45	Conference Close Does the IAA need a Pensions Section? - Chris Daykin
17:00	Tea/Coffee & Depart

Breakout Sessions Group 1	Principles and practice of social security reform Indian pension system: Problems and prognosis – Ranadev Goswami Pension reform in China – Stuart Leckie Pension reform in Japan – Junichi Sakomoto Pension reform in Italy – Carla Angela UK pension policy - leader turned laggard - Terry Arthur Unfunded pensions in the EU – David Lewis (Slides) Pay-as-you-go-financing: the volatility of the financial equilibrium of the pension funds - Cinzia Ferrara
Breakout Sessions Group 2	Protecting the interests of members of private pension funds The proposed EU pension directive – Paul Thornton Providing member security in Sweden – Alf Guldberg Conversion from DB to DC – Jeremy Andrew Funding defined benefit plans – Steven Haberman Comparison of US and UK pension security systems – David Harris
Breakout Sessions Group 3	Designing pensions for the 21st century Pension plans in the Netherlands - Simon van Vuure Occupational and personal pension plans in Canada - Patrick Flanagan Pension design in the UK – Rodney Jagelman Cash balance plans in the USA - Ron Gebhardtsbauer Managing the risks of DC pension plans - Andrew Cairns