British Airways' Airways Pension Scheme has announced a further £1.3bn longevity insurance contract - taking its hedge on increasing life expectancy to 40% of pensions in payment.
APS has entered into the buy-in deal with Rothesay Life to insure against scheme members' increasing benefits It is the second time Rothesday has insured APS longevity risk, after it originally ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
