IAPF Spring 2018 Irish Pensions Magazine

FEATURE autoenrolment@welfare.ie The Roadmap and further information can be found at https://www. welfare.ie/en/pressoffice/Pages/ pr280218.aspx for a Partnership Government’ which highlights the importance of long term thinking to address long term policy challenges. The Roadmap will provide for significant restructuring of many key aspects of the current pension system. The scope of work and the timelines are ambitious, and we look forward to engaging with the pensions industry and other interested parties to ensure delivery of reform in the best possible way. Note: Readers wishing to join a mailing list for any future circulation of material relating to automatic enrolment can do so through ARTICLE AUTHOR Robert Nicholson Principal Officer of the Automatic Enrolment Programme Management Office Department of Employment Affairs & Social Protection Complimentary Trustee Places | Members €75 | Non Members €150 10 April 2018 | 7.30am for 8.00am to 9.00am | CPD 1hr CASHFLOW DRIVEN INVESTING CDI Many of the developed world’s maturing defined benefit pension plans find themselves in a negative cash flow position; they are paying out more in benefits than they are receiving in contributions. The need to service cash outflow is an additional burden for underfunded plans in a moderate growth, low return world in which rates grind slowly higher. Especially for closed or frozen plans, attempting to reach funding targets while in a negative cash flow position can feel like trying to fill a leaking bucket. What’s more, analysis based on our 2018 Long-Term Capital Market Assumptions suggests that rising rates are unlikely to save the day. In this presentation Sorca Kelly Scholte will discuss how a Cashflow Driven Investing (CDI) approach to investing can help pension schemes meet their cash flow needs and funding challenge. BOOK YOUR PLACE HERE Sponsored by: