Longevity risk is a significant risk for DB pension schemes, and one that to date is largely unhedged despite being deemed unrewarded. Schemes have continued to underestimate longevity assumptions such that this has added £250bn to UK DB private sector liabilities in the last decade alone.
It is now possible to hedge longevity risk with a wider range of products and solutions available. These solutions are now more readily available to funds of all sizes, not just the larger ones. Mercer is the only consultancy with experience and expertise in all the solutions, including streamlined smaller scheme longevity swaps, pass-through structures and a new captive offering.
The longevity hedging market continues to develop rapidly. Find out about the new cheaper and more flexible options available to manage this key risk and how these might be appropriate for your scheme.
DB Pension Trustees, Pension Managers, CFOs, Finance Directors
Andrew Ward - Longevity Swap Consulting Leader
Suthan Rajagopalan - Head of Longevity Reinsurance
Alan Baker - UK DB Risk Leader