Longevity improvement rate slowdown set to continue, industry believes
The six-year trend in falling life expectancy improvement rates has become "the new norm", according to 60% of scheme respondents to a Lane Clark and Peacock (LCP) survey.
It comes after longevity improvement rates fell from 3.1% per annum in 2011 to 1% per annum in 2016, meaning schemes holding a triennial valuation this year could see liabilities fall by 4% since their...
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Longevity swap market to post record year
Longevity swap transactions will hit a record-breaking level of £25bn this year, Willis Towers Watson has predicted.
Longevity hedging most popular tool in endgame planning
Schemes are increasingly looking at longevity hedging as part of their de-risking process, according to a survey by Insight Investment.
£30bn bulk annuity market to be the 'new normal'
Insurers are now able to accommodate up to £30bn of bulk annuity transactions every year with no impact on pricing, according to Lane Clark & Peacock (LCP).
Global reinsurance trends could raise bulk annuity prices
Increasing demand for global longevity reinsurance could lead to higher bulk annuity prices but less exact matching for longevity hedging, says Mercer.
ESPS completes £805m buy-in with Scottish Widows
The Electricity North West Group of the Electricity Supply Pension Scheme (ESPS) has invested in an £805m pensioner buy-in with Scottish Widows.
