The tax timebomb

tax

For Nick Greenwood, pension manager for the £1 billion Royal County of Berkshire Pension Fund, the decision to hedge out 43% of its liabilities through a longevity swap was the culmination of a serious focus on liability management by the fund. “When I joined two-and-a-half years ago, the fund had a very traditional asset allocation and liability risk was never mentioned at board meetings. We’re now looking at the risks on the liability side more than the investment side,” he says.

And this is

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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