Cass Business School

Academics and industry specialists are working hard to make longevity risk investable on the capital markets, but the process is not without its growing pains, as Chris Panteli discovers

GLOBAL - The development of longevity as an asset class continues to grow as longevity risk becomes increasingly recognised, experts believe.

An age-dependent approach to DC default funds, which takes into account a member's human capital and financial wealth, is better than traditional lifestyling, research shows.

Schemes could "considerably" reduce longevity basis risk by utilising index-based longevity hedges, academics say.

The government's "radical" annuity reform could have serious consequences for retirement incomes and public finances, the Cass Business School warns.

UK - The UK government should issue longevity bonds to help pension schemes and insurance companies address longevity risk, the Cass Business School said.

The UK government should issue longevity bonds to help pension schemes and insurance companies address longevity risk, the Cass Business School says.