Even small schemes should consider hedging longevity risk, Aon Hewitt believes. Managing principal and head of risk settlement Bird warned trustees against being put off by the "perception of price".
He said: “So far, we’ve seen schemes of £1bn or more looking at options to address longevity risk, because they generally have more sophisticated investment structures, can take advantage of economies...
Professional Pensions is holding a breakfast briefing on engaging defined contribution (DC) members on 7 February.
Panellists at a PP webinar discuss October's High Court judgment on GMP equalisation, how schemes have responded, what their strategies should be, and how the industry can approach it.
Some investment consultants and fiduciary managers may be misrepresenting the conclusions of a major market competition review to clients, XPS Pensions says.
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.