This Sessional Meeting takes the form of a panel discussion, asking the question: “Managing defined benefit risk management: is buy-out the future?”

The following are subjects for discussion:

— What is driving the increased interest in buy-out and other risk transfer solutions?

— Will it last?

— Who are the players in this market? Is there room for everyone? Is there enough capital?

— What impact will current economic conditions have on decisions which trustees make?

— What is the role of the Regulator, and how is regulation evolving?

— Are products evolving to meet market needs?

— What are the implications for actuarial pension consultants of the growing buy-out market?