US funds seeing ‘increasing demand’ for pension risk management

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The implementation of new regulations for the US pension industry and increased awareness of financial risk are motivating pension funds in that country to address risk management issues, including longevity risk, according to Amy Kessler, head of longevity reinsurance at Prudential Retirement.

Kessler suggests the full implementation of the 2006 Pension Protection Act this year has highlighted the potential risks within the market. The act seeks to place pressure on companies to avoid underfund