How 2017's largest longevity deal came to fruition

Stephanie Baxter
clock • 8 min read

MMC UK Pension Fund's Frank Oldham tells Stephanie Baxter how its £3.4bn longevity swap came about and why it chose a captive structure

Given longevity risk is one of the major challenges for pension schemes, it was no surprise to see a healthy £6.4bn worth of longevity swap deals in 2017. The largest of the year was the Marsh &...

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Stephanie Baxter
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