Longevity swaps and the bulk purchase annuity market: Video interview with Simon Gadd, Legal & General’s head of annuities

Despite a fanfare of publicity when the first longevity swap deals were signed, widespread interest from pension funds has yet to translate into actual deals. In a video interview with Life & Pension Risk, Legal & General's head of annuities, Simon Gadd, points to unrealistic expectations over pricing and the sheer complexity of constructing such a new instrument. And with equity markets returning to – relative – strength, he argues that the traditional buyout may be returning to favour.

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: