Longevity

The Life and Longevity Markets Association has unveiled proposals for a standardised framework for longevity indices, to help facilitate market participants doing longevity transactions.

FTSE100 companies' median liabilities jumped about 20% last year due to changes in accounting assumptions, Mercer research reveals.

Sponsors and trustees are struggling to develop strategies for managing longevity risk, MetLife Assurance says.

UK/EUROPE/US - Risk Management Solutions has launched a medical-based approach to quantifying longevity risk that takes account of changing mortality phases.

Risk Management Solutions has launched a medical-based approach to quantifying longevity risk that takes account of changing mortality phases.

Schemes could take advantage of a "quirk" in government bond markets to fund a longevity swap deal this summer, a consultant says.

Pension schemes transferred more than £4bn of liabilities in Q1 making it the highest ever quarter for risk transfer, Hymans Robertson says.

UK - Pension schemes transferred more than £4bn (US$6bn) of liabilities in Q1 making it the highest ever quarter for risk transfer, Hymans Robertson said.

Using prudent assumptions to assess longevity swaps on an accounting basis could mean schemes are paying "over the odds" for certainty, Club Vita says.

Sponsors of UK defined benefit schemes have made more progress in reducing risk than their counterparts in the US and Canada, a consultant says.