Hedging longevity - how the innovative trend is spreading

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Jaishree Kalia reports that interest in hedging the longevity risk of active members could soar internationally following the news of the world's first such hedge being used in the UK

Last month, the trustees of the Pall (UK) Pension Fund completed the first ever longevity hedge to mitigate increasing life expectancy of non-retired members. The move has spurred talk among UK pro...

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