The Bentley pension scheme has agreed a deal with Deutsche Bank's Abbey Life to hedge the longevity risk associated with £400m of its liabilities.
The longevity swap covers all the scheme's pensioner members but is considerably smaller than any similar transactions completed to date. The sole actuarial adviser on the deal was Aon Hewitt, w...
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, 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
