NETHERLANDS - The Dutch government is investigating plans to increase the pension retirement age to 68 by 2030, Global Pensions understands.
EUROPE/US - Swiss Re has transferred $50m of longevity trend risk to the capital markets.
DENMARK - The ATP Supervisory Board has allocated DKK23bn ($4.1bn) to help safeguard the fund against rising Danish life expectancy.
FRANCE - The Organisation for Economic Co-operation and Development (OECD) plans to start its research on managing longevity risk in January, and could propose governments issue life expectancy indexes.
Changes to longevity assumptions for the latest round of triennial valuations have sent defined benefit scheme liabilities soaring by £50bn, longevity experts say.
US/UK - UK and US defined benefit plans agree measuring liabilities is the most pressing risk factor affecting schemes, but they take drastically different views on most other risk factors, a new study shows.
As longevity expectations continue to rise, Laura Blows explores the options available to counter this and the move towards standardisation of the longevity hedge market
UK - Increased life expectancy published by the Continuous Mortality Investigation will add an extra £5bn ($7.8bn) onto UK pensions and spark a wave of longevity trades, Aon Hewitt says.
Increased life expectancy published by the Continuous Mortality Investigation will add an extra £5bn onto UK pensions and spark a wave of longevity trades, Aon Hewitt says.
Schemes may have missed the boat in reforming employee benefit structures to reduce longevity risk, an expert says.