The case for hedging longevity in DB schemes

Howard Kearns explores the biggest remaining risks for DB pension schemes.

clock • 3 min read
Howard Kearns is longevity pricing director at Insight Investment
Image:

Howard Kearns is longevity pricing director at Insight Investment

Defined benefit pension schemes are mostly well hedged when it comes to interest rate and inflation risks, but many have yet to address longevity risk.

The implications for a scheme could be significant - including a delay in reaching target funding or increased deficit contributions. According to Club Vita analysis, most pension schemes in the...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

CH Johnson Pension Plan completes £11m buy-in with Just Group

CH Johnson Pension Plan completes £11m buy-in with Just Group

Transaction secures the benefits of all 147 scheme members

Holly Roach
clock 24 April 2026 • 2 min read
Noble Foods pension scheme completes buyout with Utmost

Noble Foods pension scheme completes buyout with Utmost

Deal is the first external buyout Utmost has completed since entering the market in 2024

Holly Roach
clock 20 April 2026 • 1 min read
The birth of the buy-in: Reflections on 20 years of pension risk transfer

The birth of the buy-in: Reflections on 20 years of pension risk transfer

Clive Wellsteed reflects on how the buy-in came into being and why it has become the route of choice for many pension schemes

Clive Wellsteed
clock 15 April 2026 • 7 min read
Trustpilot