National Webinar - Asset Liability Management Studies

May 22, 2014 1:00 PM to 2:00 PMBroadcasted Webinar, Eastern Daylight Time (EDT)

Area of Interest: Investments Format: Web

With strong equity returns in 2013 and an increase in interest rates, the majority of plans find themselves in a strong funded position giving them the opportunity to look at their current asset mix and consider de-risking. Asset allocation is the most important strategic investment decision for a pension plan and yet too often, it is based on an asset-only analysis. When the main driver of a pension plan’s risk is the plan’s liabilities, an Asset Liability Management (ALM) study is definitely the solution required to properly assess that risk. However, an ALM study is often a very complex process taking months to complete, hence, hindering the timeliness of investment strategies.

Join us for this webinar session where Lucy Paglione and Howard Chao from Buck Consultants will be discussing the importance of analyzing the liability when deciding strategic investment decisions for pension plans and the main objectives of conducting an Asset Liability Management Study. In addition, they will be analyzing the impact of interest rates for pension plan sponsors, as well as, liability driven investment solutions and de-risking strategies. Finally, a short presentation on funding policies and strategies will be shown.

Fees and Registration

Membership Types	Regular Price
Member	$0.00 CDN
Associate Member	$0.00 CDN
Student Membership	$0.00 CDN
Non Member	$65.00 CDN

Cancellation Policy

This webinar is elligible for CE credits CE credits will be offered through partnerships with provincial insurance councils across Canada (with the exception of the Manitoba Insurance Council), The Institute for Advanced Financial Education (Advocis) and La Chambre de sécurité financière.

Howard Chao, CFA, FCIA, FSA
Investment and CAP Consultant, Buck Consultants, A Xerox Company

Howard has seven years of experience as an investment consultant for public and private pension plans including defined benefit, defined contribution, and other capital accumulation plans. He brings a wealth of experience in general investment consulting mandates, risk management strategies, asset liability management studies, and liability driven investment solutions.

Howard graduated in Actuarial Mathematics from Concordia University, is a Fellow of the Society of Actuaries and the Canadian Institute of Actuaries, and a CFA Charterholder and Member of the Montreal CFA Society.

Lucy Paglione, MBA
National Practice Leader, Investment, Buck Consultants, A Xerox Company

An accomplished pension and benefits expert with extensive experience in leading the investment of Defined Benefit (“DB”) and Defined Contribution (“DC”) pension assets, Lucy Paglione is the National Investment and CAP Consulting practice leader for Canada. Lucy’s business, financial, and project management experience gives her both the strategic and tactical approach to the design of pension programs and the investment strategies of the pension assets. A trusted advisor to senior executives and an inspiring mentor and coach to peers and subordinates, Lucy has contributed to numerous corporate and enterprise-wide initiatives during significant business transformations. Lucy holds an MBA in Finance from the University of Western Ontario’s Richard Ivey School of Business, and completed the Governance Essentials for Directors of Not-For-Profit Organizations from the Rotman School of Management. She was a member of the Industry Practices Committee of the Pension Investment Association of Canada and is currently a member of the Association of Canada Pension Management. Lucy sits as a member of the Pension Committee of the Canadian Mental Health Association and sits as a Board Member of The Shepherds’ Trust, a pension plan for the clergy of the Archdiocese of Toronto.

This webinar is sponsored by

Continuing Education Requirements for CPBI National Webinars:

Participants are required to Login to the live session by entering their Full Name as per CPBI profile; Participants must be present for the duration of the session; Participants will be asked to remain online following the presentation to complete a short test comprised of 3 to 4 questions as a proof of attendance. The test will be offered during the live session; participants who do not attend the live session will not be permitted to take the test or qualify to receive CE credits.

For questions or more information about this webinar, please contact the CPBI National Office at 514-288-1222, ext.27 or by email at [email protected]