Longevity risk for 10% of pensioner members hedged

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UK schemes have hedged longevity risk for 10% of pensioner members after conducting a record £12.4bn in risk transfer deals last year, according to Hymans Robertson research.

The Managing Pension Scheme Risk Report 2011, compiled with Club Vita, found that insurance companies and banks had taken on more than £40bn in scheme liabilities since 2006 and predicted the numbe...

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