UBS scheme extends longevity hedge by £0.5bn

The extended longevity swap now covers around two thirds of its DB liabilities

Holly Roach
clock • 2 min read
UBS scheme extends longevity hedge by £0.5bn

The UBS Pension and Life Assurance Scheme has extended its longevity hedge by £0.5bn.

The transaction adds to the £1.4bn longevity swap it made in 2020 and the extended swap now covers around two thirds of its defined benefit (DB) liabilities. Mercer acted as the lead commercial ...

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