Roundtable: Six industry experts discuss liability-driven investments - the costs, cash flow impact, European legislation and pitfalls of modelling.

The questions

  1. Has LDI become too expensive?

  2. How can schemes combine LDI with their cash flow needs?

  3. How will Emir shape the way schemes use LDI?

  4. Are LDI models less perfect than they seem?

The panellists

Rakesh Girdharlal, LDI portfolio manager, Aviva Investors

Huw Evans, trustee, Bestrustees

Benoît Jacquemont, head of pension risk management, UK and Europe, Cambridge Associates

Giles Payne, director, HR Trustees

Simeon Willis, principal consultant and head of investment strategy, KPMG

Barbara Saunders, managing director, P-Solve Asset Solutions