Life insurance companies and financial service executives looking to better understand the various retirement savings systems offered throughout the U.S. and Latin America, with a special emphasis on voluntary savings programs. Individuals looking to learn more about the strategy, sales, distribution and marketing of voluntary retirement and pension products will find value in attending this event.
Highlights
This brand new conference is being produced in response to the great interest and requests from financial service executives looking to receive more information related to voluntary savings programs – particularly the opportunities, challenges, and lessons learned from countries that are currently offering this system. This 1 ½ day event will showcase exclusive case studies, research and success models for voluntary scheme retirement and pension products.
You and your team will hear new strategies and both local and global perspectives from industry leaders and retirement experts speaking on:
• Demographic and economic perspectives on aging, retirement age, and longevity
• Legislation and commercialization in developed retirement markets
• Current retirement savings trends in Latin American and the United States
• Taxation of retirement programs
• Lessons learned from mandatory defined contribution plans
• Available product offerings
• Financial education and awareness
• The consumer of today and tomorrow
• Regulatory framework
• Insights from The Reference Book on Retirement Income
• And more!
Please continue to check back for additional details and updates!
Interpretation Services
This event will be presented in Portuguese, Spanish, and English. Interpretation between languages will be offered at no additional cost.
Cassese has more than three decades of experience in the Insurance Industry, and is currently Independent Director of Supervielle Seguros, Argentina. He has also worked as Private Consultant since retiring from AIG in 2011. He held various positions with a large range of responsibilities over the course of his career, and in 1999 was promoted to Regional Vice President where he oversaw the Group Life & Health business in Latin America and was responsible for Strategic Planning, Distribution, and the Top and Bottom line results. In 2002 he took over as CEO of ALICO Argentina & Uruguay, and over the next eight years led both companies to excel as market leaders, pioneering the development of Mass Marketing of Accident & Health products. He earned his Certified Public Accountant & Bachelor in Business Administration from Universidad de Buenos Aires.
Superintendente Ejecutivo, Bradesco Vida e Previdência S.A.
Bernardo Ferreira Castello es Superintendente Ejecutivo de Bradesco Vida e Previdência, y Presidente del Comité de Actuarios – CAT de FenaCap. Licenciado en ciencias actuariales de la UFRJ – Universidade Federal do Rio de Janeiro, y MBA Ejecutivo en finanzas de INSPER – Instituto de Educación e Investigación. Actualmente, Bernardo es un ejecutivo de la Organización Bradesco en el área de la técnica actuarial de vida y pensiones.
9:00 a.m. - 10:00 a.m.: Retirement Education and Financial Awareness: An Unfinished Task
Gabriel Chaufan
President, BBVA Seguros, Argentina
Gabriel Chaufan es Presidente de BBVA Seguros desde 2014, con un rol estratégico, institucional y de relación con el mercado. Antes de su posición actual, Gabriel fue Presidente, Gerente General y Miembro del Comité de Dirección de Banco Francés por Grupo BBVA Consolidar (2009-2014), y Gerente de Negocio Pensiones y Seguros (2003 – 2009). Antes de incorporarse a BBVA Seguros, trabajó en la Consultora de Estrategias “Roland Berger” y anteriormente se desempeñó como Director de Finanzas del Grupo Allianz en Argentina. Gabriel fue Presidente de AVIRA de 2007- 2009 y 2011-2013, donde fue un representante importante de la Entidad Gremial para las Compañías de Vida y Retiro de la República Argentina.
José María Fanelli holds a Ph.D. in Economics from the University of Buenos Aires. He specializes in macroeconomics, currency and finance. He is a full professor of research at the University of San Andrés and the National Council for Scientific and Technical Research (CONICET). He is professor of Macroeconomics at the University of Buenos Aires. He was Director of the Economics Career of the UBA and researcher of CEDES. He has led numerous international projects on his specialty and has published extensively in Argentina and abroad. He has worked for ECLAC, the IDB, the World Bank, The G-24, UNCTAD, IDRC and the Global Development Network. He received the KONEX Award, mention in Economic Development and is a member of the National Academy of Economic Sciences of Argentina.
2:45 p.m. - 3:45 p.m.: Chilean Market Overview: “An Inspiring Revolution: Retirement Savings in Personal Accounts”
Carlos Gomez
Senior Fellow y Miembro del Directorio, International Center for Pension Reform
Carlos Gomez es Senior fellow y miembro del Directorio, International Center for Pension Reform, fundado por Dr. José Piñera, think tank independiente que promueve en todo el mundo el modelo chileno de Reforma a las Pensiones a través de cuentas individuales de ahorro. Su experiencia incluye Managing Partner, empresa wealth management personas alto patrimonio y ex Vicepresidente Nuevos Negocios, América Latina, BHP Billiton, mayor empresa minera del mundo. También fue profesor de Finanzas y Economía, Universidad Andrés Bello, Santiago de Chile y entre 1980-1988 trabajó para el Gobierno de Chile colaborando en diseñar políticas públicas para disminuir la pobreza a través de políticas de libre mercado en vivienda, pensiones, salud y educación.
Rodrigo Acuña Raimann es Ingeniero Comercial, mención Economía, de la Pontificia Universidad Católica de Chile, y tiene estudios de post-grado en Macroeconomía Aplicada de la misma Universidad. Es socio y presidente de PrimAmérica Consultores, empresa especializada en pensiones, seguros y ahorro. Además, cuenta con una amplia experiencia como ejecutivo de instituciones previsionales y financieras y como consultor internacional de gobiernos extranjeros, entidades multinacionales e inversionistas del sector privado en temas de programas de pensiones obligatorias y voluntarias, planes de ahorro y optimización del proceso de ahorro a largo plazo. Desde el año 2010 es asesor de la Federación Internacional de Administradoras de Fondos de Pensiones, FIAP, y desde 2011 es profesor y director del Centro de Desarrollo Directivo de la Pontificia Universidad Católica de Chile, en el Diplomado de Inversiones para el Largo Plazo y el Retiro. También ha sido coordinador y autor de numerosas publicaciones dedicadas al análisis de los sistemas de pensiones y programas de ahorro, siendo las más recientes el libro “Contribución del Sistema Privado de Pensiones al Desarrollo Económico de Latinoamérica. Experiencias de Colombia, México, Chile y Perú”, el libro “Cómo Fortalecer los Sistemas de Pensiones Latinoamericanos: Experiencias, Lecciones y Propuestas,” y “El Aporte del Sistema de Capitalización Individual en Chile,” en el libro “Pensiones: Propuestas para el Futuro.”
11:00 a.m. - 12:00 p.m.: Overview of the Brazilian Market
Andrea Levy
Strategic Advisor to the CEO, Mongeral Aegon
Andrea Levy is an Electric Engineer from PUC-RJ (Pontifícia Universidade Católica do Rio de Janeiro), with a Doctorate Degree (Ph.D.) on Aerospace Science at the Laboratory for Analysis and Architecture of Systems (LAAS) from the Université Paul Sabatier in Toulose, France. Mr. Levy has over 20 years of experience as an Executive Officer on Life and Pension companies, currently working at MONGERAL AEGON Seguros e Previdência. He participated on the elaboration of a chapter dedicated to the Brazilian insurance market on the Handbook of International Insurance — Between Global Dynamics and Local Contingencies of the Fox School of Business and Management — Temple University, USA and AUDENCIA Nantes School of Management, France, and has lectured to Masters and Undergraduate students at PUC-RJ as well as the Actuary Institute from IAPUC/IAG.
9:30 a.m. - 10:30 a.m.: Overview of the Argentinian Market
Hernán Pérez Raffo
Partner, PwC Argentina
Hernan is a partner at PwC since 1998, focusing on
the Financial and Insurance Industries. His professional experience covers
various areas, including risk management, and particularly focused on Financial
Organizations (Banks and Insurance); studies, valuations and advice on the
actuarial aspects of the Insurance and Health business, Social Security
programs and Pension Plans. He has run many projects in Latinamerica: Colombia,
Chile, Brazil, Peru, Central America and Argentina. He is a Professor of Actuarial
Theory of Retirement Funds, Pensions Plans and Health Plans and other subjects
in the actuarial area at the Universidad de Buenos Aires (UBA). He has
participated and has presented papers at various national and international
Congresses of Actuaries. He is a former Deputy-Director in the career of
Actuary in the School of Economic Sciences at the UBA; former Consejero and
current President of the Actuarial Commission for the Professional Council
in Economic Sciences for the Autonomous City of Buenos Aires. He is an Actuary
and Public Accountant (UBA) and has been an Associate of SOA since 1994.
Senior Vice President and Director of Member Benefits Research, LIMRA and LOMA
Alison Salka joined LIMRA in 2012 and is responsible for driving the strategy and direction of its global research program. She oversees a team of more than 85 professionals in LIMRA’s Member Benefits and Research division who conduct benchmark studies, discovery research, and thought leadership designed to help companies better understand industry issues and trends. Salka previously led the retirement research and competitive intelligence team at Prudential, and was also a director of retirement research and business analytics at MassMutual. She has a Master’s degree from the College of William and Mary and Ph.D. from Vanderbilt University.
2:00 p.m. - 2:45 p.m.: Overview of the Mexican Market - Voluntary Savings: Challenges of the Mexican Pension System
Humberto Topete Campos
Director de Operaciones y Servicios, Asociación Mexicana de Afores
Humberto ingresó al Sistema Mexicano de Pensiones en 1997, desempeñándose como responsable de Operaciones, en la Empresa Operadora de la Base de Datos Nacional del SAR. A lo largo de su trayectoria profesional, ha participado en el diseño y coordinación de diversos proyectos orientados a fortalecer la seguridad de la información y a optimizar los servicios para los trabajadores. Cuenta con 20 años de experiencia en el sector de las Afores, actualmente es Director de Operaciones y Servicios de la Asociación Mexicana de Afores.
11:30 a.m. - 12:45 p.m.: Executive Panel: The Way Ahead...Suggestions for Developing a Voluntary Savings Market
Ana María Weisz
Director of Retirement, Argentina, Bolivia, Uruguay and Paraguay, Mercer
Ana María is Mercer's Retirement Leader for Argentina, Bolivia, Chile, Paraguay and Uruguay. She leads a team of professionals developing social security analysis for individuals and companies, designing private corporate pension plans for employees and special plans for top executives, as well as valuation of defined benefit schemes. Ana Maria is also an expert on expatriate retirement programs and represents Mercer at the Organización Iberoamericana de Seguridad Social for South Latin American and at the Confederation de Previsions Social for the more than 26 different social security systems coexisting in Argentina. Ana Maria has worked with Argentinian retirement insurance companies since their creation in 1987; she actively participated in the creation of the IRA system as a consultant for the Argentinean senate, launching her business activity in May of 1994 and finally leading a multinational retirement and pension life insurance company for a well-known pension and life group.
11:30 a.m. - 12:45 p.m.: Executive Panel: The Way Ahead...Suggestions for Developing a Voluntary Savings Market
Mauricio Zanatta
President, AVIRA (Argentinean Life Insurance and Annuities Association)
Mauricio Zanatta has been Chairman and CEO of Prudential Seguros SA since November 2010. He joined Prudential in November 2001 as a Financial Manager and was promoted to Chief Financial Officer in April 2005, where he was responsible for the Accounting, Reporting, Tax, Investment, Treasury, Planning, Management Information System and Actuarial functions. Before joining Prudential, Mr. Zanatta held roles at Roland Berger Strategy Consultants, and was the Chief Financial Officer for Allianz Group in Argentina. He was President of the Insurance Committee in AmCham (Chamber of Commerce of the United States in Argentina) from 2008 to 2010; and has been a member of the Board since 2010. Mr. Zanatta is a Public Accountant with a degree in Business Administration, from Universidad de Belgrano (UB), and also holds a postgraduate degree in Capital Markets (UCEMA).
Hernán Pérez Raffo will share his perspectives on the strengths of Argentina’s current retirement system, along with the areas that present the greatest problems as well as the areas of opportunity - particularly in respect to promoting a voluntary savings scheme. He will also explore where new opportunities for capital formation could come from, discuss what role life insurers will need to take on in creating products that complement what currently exists, and identify which of Argentina’s current regulations will affect the country’s ability to create a mutually beneficial situation for all participants.
This country overview of Brazil’s current retirement and pension system will highlight key activities and reforms from the past 20 years, as well as where the country is now and where it plans to go in the future. The discussion will explain the different treatment of personal life insurance products (PGBLs) and supplementary pension plans (VGBLs), as well an overview of how recent legislation might affect the future of the Public Pension System.
States and employers have a vested interest in helping people save for retirement. Global trends, including the decline of defined benefit pension plans and increases in longevity mean that people need to take more responsibility for their retirement saving. The defined contribution plan is one important way to do this. This presentation will focus on the defined contribution system in the U.S. and share information on usage and attitudes toward these plans, savings and investing behavior in them, and some lessons learned from the U.S. experience. It will also look at how well these plans are helping people achieve retirement security in the U.S. and elsewhere.
Director de Operaciones y Servicios, Asociación Mexicana de Afores
The reform of the pension system
in Mexico raised a paradigm shift for Mexican workers, placing a greater
emphasis on self-responsibility for building retirement assets. This
presentation will focus the actions that were taken to raise the awareness of
workers, modify their behavior and expectations, and overcome the challenges
that stood in the way of achieving this important goal.
Senior Fellow y Miembro del Directorio, International Center for Pension Reform
Drawing on his experiences as a senior member of the Board
of the International Center for Pension Reform (an independent think-tank, www.josepinera.org,
that promotes the Chilean Pension Reform Model of individual retirement
accounts), Carlos Gómez will deliver an overview of Chile’s current retirement
system. Key areas of the presentation will include lessons learned from
mandatory defined contribution plans, and how Chile successfully accumulated
and invested large amounts of capital (US $ 220 billion, 80% of Chile's GDP) that fund managers invested in the expansion and
modernization of companies in both Chile and abroad. (at an average annual real
rate of return of 8.25% in 36 years.) Together with other free market reforms,
the introduction of individual savings accounts are making Chile the first
Latin American country to achieve development.
Latin American countries are going through a stage of demographic
transition that has created a window of opportunity to prepare for the next
stage of "aging". This session will analyze the challenges and opportunities
associated with these stages, from a perspective of economic growth, savings,
development of capital markets. It will also look at the potential change
in demand for retirement insurance, based on fluctuations of participation by
variou segments of the population.
When it comes to retirement planning, getting consumers to take action can be hard. Uncertainty, doubt, and complexity are all obstacles to engagement. This session will look at best practices and tactics to educate consumers and promote “financial literacy” – thereby motivating them to take action. Information on the trends and spending habits of today’s consumer, and what we can expect to see from the consumer of the future (millenials) will also be shared.
This presentation will discuss the impact that Private capitalization systems have on Capital markets, and will analyze the contributions relative to other Institutional Investors and the original markets. It will also demonstrate how long term investments are made possible and can help to develop new financial instruments, while at the same time helping to diminish the impact of external shocks.
This panel of executives will reflect on presentations from the previous two days, examining how demographics, technology and regulation are reshaping the retirement income planning landscape. Panelists will share their views on where the greatest opportunities lie, and then draw conclusions on how to bridge the gap between current problems and the desired future. They will also discuss their perspectives on where the greatest opportunities to develop within their markets will be, how a voluntary savings scheme can be successfully implemented in Argentina, and help answer the question “Where do we go from here?”
12:45 p.m. - 1:00 p.m.
Adjournment
Registration
Register by April 4, 2017: LIMRA, LOMA or AVIRA Member: US$750 Nonmember: US$850
Register after April 4, 2017 LIMRA, LOMA or AVIRA Member: US$850 Nonmember: US$950
Thinking about sending your entire team? Multiple registration discounts are available. Please email Ms. Megan Schwartz at mschwartz@limra.com for more information.
Cancellation Policy
All cancellations must be received in writing. Cancellations received before April 13, 2017, will be refunded, less a $75.00 processing fee. Cancellations received from April 13, 2017 to April 27, 2017, will be refunded, less a $275 processing and administrative fee. No refunds will be issued after April 27, 2017. Email customer.service@limra.com or fax to +1.860.285.7792.
In the event that a scheduled meeting or event is cancelled by LIMRA/LOMA for any reason, LIMRA/LOMA shall refund any conference registration fees that have been paid by the registrant. Under no circumstances, however, shall LIMRA/LOMA be liable to the registrant for any other expenses including, but not limited to, airfare and hotel expenses incurred by the registrant.
Hotel / Venue
SHERATON LIBERTADOR HOTEL Av Córdoba 690 Buenos Aires, C1054AAS, Argentina Phone: +54 11 4321 0000
We have negotiated a limited number of reduced-rate hotel rooms to make your trip to Buenos Aires more affordable. Rooms at the group rate are limited and available on a first come, first-served basis, so be sure to book early for best selection and price!
Make your room reservation by May 1, 2017 to receive the discounted group rate of USD 135 (+ 21% VAT) per night. The group rate includes a daily breakfast and wifi in each guestroom. Please note that all reservations are subject to availability of rooms at the time of your reservation. Check in is 3:00 p.m.; Check out is 12:00 noon.
To make your hotel reservations please call the hotel directly at +54 11 4321 0000 and mention the LIMRA LOMA Latin American Retirement Conference, or book online at https://www.starwoodmeeting.com/Book/limraandlomaevent1
Become a Sponsor or Exhibitor
LIMRA and LOMA Conferences are made possible by the generosity of our sponsors and exhibitors. Sponsorship of the LIMRA/LOMA Latin American Retirement Conference will help increase name recognition, build product and service awareness, and provide valuable networking opportunities to several hundred key decision-makers in the life insurance and financial services industries across Latin America.
For details on the benefits of sponsorship, available packages, and how to apply to become a sponsor at the Latin American Retirement Conference, see our PDF form here, or email Megan Schwartz at mschwartz@limra.com for more details.
