As longevity risk increased in importance, various de-risking solutions emerged in the capital markets. Buy-outs, longevity swaps and tailored indexes are examples of bespoke solutions that match the risk profile of the underlying pension scheme well. However, the lack of standardisation leads to complexity in execution, difficulty in unwinding and limited distribution capacity.
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The week on Risk.net, July 14–20, 2017Receive this by email