Retirement Plans & Benefits

Breakfast of Champions: Managing Executive Benefit Costs, Risks with Innovative Hedging

General Mills’ deferred compensation plan was causing volatility in its income statement. As the notional investments offered to plan participants fluctuated in value, compensation expense was directly impacted. General Mills evaluated the most popular strategies for eliminating this volatility and ultimately implemented a relatively new innovation: a total return swap hedge of its plan liability. Get the details on why this strategy is valuable for managing the risks and costs of deferred compensation plans.

Speaker(s)

David Marshall, Principal, Atlas Financial Partners

Robert Polansky, Assistant Treasurer, Treasury Operations, General Mills, Inc.

CTP/CCM Credits: TBD
FP&A Credits: TBD
CPE Credits: TBD
CPE Field of Study: TBD

Treasury's Role in Evaluating Target Date Funds

With their investment and financial expertise, treasury and finance practitioners bring a unique perspective in evaluating and understanding the sophisticated investments embedded in modern target date funds. This informative session discusses the factors involved in evaluating a target date fund provider and how investment expertise is critical to evaluating important criteria including performance, volatility, and overall investment quality. Attendees walk away with best practices in conducting a comprehensive target date fund provider RFP search, as well as the primary investment criteria that all treasury and finance professionals should understand.

Speaker(s)

Marlow Kee, Chief Financial Officer, Simons Foundation

CTP/CCM Credits: TBD
FP&A Credits: TBD
CPE Credits: TBD
CPE Field of Study: TBD

Designing and Delivering a Workplace Financial Wellness Program

Employers are getting in the financial wellness game, and not a moment too soon. Surveys show 46% of U.S. employees report living paycheck to paycheck, while 41% do not have $2k saved for an emergency. 72% of U.S. employees report experiencing financial stress, which impacts their productivity. While we know that many corporations plan to include financial well-being in their benefit plans, research shows that most do not know how to start. During this session, attendees will learn tips for designing a successful financial wellness program that benefits both the company and its employees.

Speaker(s)

A. Keith Payne, Managing Director - Treasury, Rollins, Inc.

Brian Ford, Financial Well-Being Executive, SunTrust Bank

CTP/CCM Credits: TBD
FP&A Credits: TBD
CPE Credits: TBD
CPE Field of Study: TBD

Manage Pension Risk Prior to Merger/Termination

Organizations with defined benefit (DB) plans are subject to significant risks, which can cause havoc if they are in the middle of a merger/acquisition and are asked by the acquiring company to terminate the pension plan. Fortunately, there are new, innovative solutions being used to transfer the risks to an insurance company so the organization can focus on running the organization. In the case study presented, the company used a buy-in strategy to remove their DB pension risk prior to being acquired.

Speaker(s)

Russ Proctor, FSA, CFA, FCA, EA, MAAA, Sr. Director - Retirement Solutions Div., Pacific Life Insurance Company

Michael Devlin, Principal, BCG Pension Risk Consultants

Steve Ellis, CFO, Protect Plus Holdings

CTP/CCM Credits: TBD
FP&A Credits: TBD
CPE Credits: TBD
CPE Field of Study: TBD