Taking the long view



Dramatic increases in life expectancy in recent years have left private sector pension funds and annuity providers with massive longevity exposure - and unlike other risks, such as credit or interest-rate risk, there are few options available to hedge this risk on any significant scale within the private sector itself.

In the UK, for example, despite the recent rapid expansion in the number of pension buy-out companies, the buy-out market still only has a turnover of around £5 billion per year -

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: