Avoiding squeeze

Matching liabilities


2005 was the year when the UK pension industry finally bit the risk management bullet. The impact of FRS17 accounting standards (mandatory from 2005 onwards), the Pension Protection Fund's risk-based levy and scheme-specific funding requirements from the UK's Pension Regulator have all played a role. For sponsors, the risk that deficits might grow bigger due to unmatched swings in interest rates or inflation was suddenly too much to bear.

Yet the derivatives-based de-risking strategies enacted by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

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…

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 individual account here