Club Vita has joined forces with Legal & General (L&G) to make longevity insurance solutions more accessible for smaller defined benefit (DB) pension schemes.
Financier Edmund Truell believes he can protect British Steel benefits. Michael Klimes examines the details
The cost of longevity risk for defined benefit (DB) schemes has increased by 50% in the past 12 years due to falling long-term interest rates.
Mortality studies are increasingly seen as a method for trustees and companies to better understand scheme membership life expectancy. Kristian Brunt-Seymour explores how this can help companies make better financial decisions.
KPMG has introduced a longevity projection model used by insurers to help improve its understanding of the future risks of defined benefit (DB) pension schemes.
Prudential Insurance Company of America (PICA) has completed its third longevity reinsurance deal with the Pension Insurance Corporation (PIC) for the Aon Retirement Plan.
Longevity risk remains a top concern for a quarter of pension professionals according to research by State Street.
The UK has a sophisticated longevity risk management market but it will need to develop further to meet challenges says Charlotte Moore.
Chief financial officers (CFOs) are concerned they may have to sell their defined benefit (DB) assets at reduced prices to meet pension payments according to Hymans Robertson.
Matthew Fletcher has been made a senior consultant in Aon Hewitt's risk settlement group.