12.30 – 13.30

Registration, walking lunch

13.30 – 13.40

Welcome by Jeroen Tielman, Chairman PensionSummit

13.40 – 13.50

Introduction of Larry Kotlikoff, Professor of Economics, Boston University, by Theo Kocken, CEO Cardano

13.50 – 14:30

Larry Kotlikoff, Professor of Economics, Boston University

Larry Kotlikoff will discuss his praised book Jimmy Stewart is Dead. He proposes a radical overhaul of the structure of financial institutions and makes a link to the design features of robust DB pension systems.

14.30 – 15.00

Theo Nijman, Professor in Investment Theory at Tilburg University
Theo will discuss the transition to a new pension contract, including the risk and return impact for the various stakeholders of alternative contracts

15.00 – 15:30

David van As, Head of Department supervision pension funds, Dutch Central Bank

David van As will highlight the regulatory implications of changing the nature of pension entitlements and the role of prudential and market conduct supervision

15.30 – 15.50

Break

15.50 – 16.20

Dick Boeijen, Actuary, PGGM

In 2010, PGGM has taken the lead to discuss alternative pension deals with PFZW’s Board and investigate how risks are perceived by participants and how they should be communicated

16.20 – 16.50

Aon Hewitt, Jan Willem Siekman, Practice Leader Retirement and Financial Management

Jan Willem will address how the governance structure of balance sheet management will change with the arrival of softer entitlements. Should fiduciary management mandates refocus on return, or is risk management here to stay?

16.50 – 17.50

Panel discussion on how to communicate about soft pension rights

The Panel will discuss three statements and will be moderated by Jan van der Poel, Professor of Risk Management, Maastricht University, and Theo Kocken, CEO Cardano

17.50 – 17.55

Closing of the conference by Jeroen Tielman

17.55 – 18.45

Drinks

18.45 – 20.30

PensionSummit Walking Dinner