Invitation to submit a proposal for a research project on Employer Covenants. This project will be of interest to those with an interest in pensions. The deadline for submission of bids is 15 June 2012 and the funds available are up to £40,000.
The Institute and Faculty of Actuaries is commissioning a research project on the topic of how employer covenants are best taken into account when assessing the capital supporting Institutions of Occupational Retirement Provision (IORPs).
The impetus for this project is provided by the review of the IORP directive and in particular by the Holistic Balance Sheet (HBS) option. This was described in the consultation document issued on 25 November 2011 by the European Insurance and Occupational Pensions Authority (EIOPA) in its draft advice to the European Commission.
For more details click here