Pall scheme completes world's first longevity hedge for non-retired members

Jonathan Stapleton
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The trustees of the Pall (UK) Pension Fund have completed a longevity hedge for non-retired members with J.P. Morgan.

The deal is understood to be the world's first longevity index hedge against increases in life expectancy for a pension plan's non-retired members. The global manufacturing firm's UK scheme - wh...

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