Longevity

Pension scheme should review the emerging lower rates of UK mortality improvement in order that they ensure fair pricing of longevity insurance, advises Aon Hewitt Analysis of reinsurance pricing...
We might need to revise our expectations of ever increasing longevity in the light of recent statistics, warns Anthony Hilton, Evening Standard
In 2015, there were over half a million people (556,270) aged 90 and over living in the UK, up from 194,670 people in 1985 according to latest Office for National Statistics figures. There were also...
A £1bn longevity swap has been agreed with Abbey Life Assurance Company Limited , a wholly-owned subsidiary of Deutsche Bank AG, covering around 4,000 pensioner members of the Manweb Group of the...
With negative real yields on UK gilts being the ‘new norm’, analysis from Hymans Robertson, has shown that the cost of longevity risk – i.e. the amount of money a defined benefit (DB) pension scheme...
UK longevity risk transfer solutions are expected to migrate to the US – and beyond, predicts William McCloskey, Prudential Retirement*
Life expectancy at older ages in England is now the highest on record for all the age and sex groups studied, except for females aged 85, for whom it is the same as it was in 2011in Public Health...
Longevity swaps were previously out of reach for most small schemes, but recent deals show they are becoming more feasible, says Ben Stone, PricewaterhouseCoopers
Longevity risk is proving hard to predict, but health and lifestyle information could help, suggests Dominic Grimley, Aon Hewitt
The Trustee of the Merchant Navy Officers Pension Fund (MNOPF) has hedged the longevity risk associated with £1.5bn of its pensioner members, with Pacific Life Re ultimately taking this risk.  The...