The Governing Board of Western Pension & Benefits Council invites you to the attend the following webinar:

What Do Fiduciaries Need to Consider When Implementing a Pension Risk Transfer?  

Thursday, Augut 22, 2024
10:00 AM to 11:00 AM PDT (60 Minutes)

Michael Clark, Chief Commercial Officer and a Managing Director
James Walton, Managing Director

Agilis 

Continuing Education Credits Available!

Presentation Description

For pension plan sponsors, transferring benefit liabilities to an insurance company has grown in popularity over the last decade. As the industry has grown there have been new insurers, service providers, and issues that have crept into the pension risk transfer market. Nationally recognized experts in the PRT market, Michael Clark and James Walton, will discuss the growth in the PRT market, emerging issues including the DOL’s recent report to Congress, and what plan fiduciaries need to know to avoid issues and successfully implement a transaction. 

Learning Objectives

Michael S. Clark

Michael Clark is Agilis’s Chief Commercial Officer and a Managing Director based in the company’s Denver office.

In his role he coordinates all of the company’s business development and marketing efforts and represents the firm to the external market. In addition to his Chief Commercial Officer role, Michael consults on all aspects of financial risk management for Agilis’s clients including for defined benefit plans, retiree medical plans, and defined contribution plans. He also has led numerous clients through pension risk transfers as well as other complex, strategic pension projects including plan terminations. Prior to joining Agilis in 2013, Michael worked for Mercer as well as October Three.

He is a Past President of the Conference of Consulting Actuaries and continues to provide leadership to several committees and is the host of the CCA’s Leadership Development podcast. He is also President of the Western Pension & Benefits Council – Denver Chapter, and a Board Member of the International Association of Consulting Actuaries.

Michael is a frequent speaker at industry and professional association conferences on the topics of pension risk management, pension risk transfers, and pooled employer plans. He has had several articles published in major trade magazines, is regularly quoted in retirement-related articles, and has appeared on Bloomberg Radio.

He is a Fellow of the Society of Actuaries, an Enrolled Actuary, a Chartered Financial Analyst Charterholder, a Fellow of the Conference of Consulting Actuaries, and a Member of the American Academy of Actuaries. He also holds a Series 3 license. Michael graduated magna cum laude from Brigham Young University with a BS in Statistics.

James Walton 

James Walton is a Managing Director in Agilis’s Boston office.

James advises a range of institutional investors and is head of Agilis’s derivatives business.  He also leads Agilis’s Independent Expert function, which performs due diligence on the insurers active in the US pension risk transfer market.

Prior to joining Agilis in 2016, James was a portfolio manager at Legal and General and was responsible for the investment strategy of the company’s US insurance business.  James started his career at Aon in London as a consultant focusing on asset allocation and analytics.

James is a Fellow of the Society of Actuaries and holds a Masters degree in Physics (summa cum laude) from The University of Oxford.

Continuing Education

1 Hour CE for the following:
AIF (pending), CEBS, CFP (pending), ERPA, JBEA, ASPPA, NIPA, CRPS, California CPAs, California MCLE 

A Special Thank You to Our Sponsor

Sincerely,

Bridget Davidson 
Webinar Coordinator | Western Pension & Benefits Council 
(503) 866-6384 Mobile
PO Box 2023 | Gresham, OR 97030 
webinars@westernpension.org  |  www.westernpension.org

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