An unnamed UK pension scheme sponsored by a Fortune 500 company has completed a £1bn longevity swap.
The transaction - which covers both pensioner and non-pensioner members - insures the majority of the risk that members live longer than expected and is among the first in an emerging trend of long...
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
