Insurance
Coughlan exits JP Morgan
Global ALM advisory chief, co-head of European pensions advisory and key LLMA figure leaves bank
Germany - liability-driven investment goes mainstream
Time for change
US public pension deficits driving muni yields
Untied states
Volatility in defined benefit schemes trumps deficit worries
Market exposures to FTSE 100 defined benefit schemes could result in a £100bn spike over one year in their total deficit, reports PensionsFirst
Rising interest rates expose continental insurers to lapse risk
Rising interest rates expose continental insurers to lapse risk
Pensions In-Depth: Video interview with Geoffrey Staines
In an interview with GP's sister title Professional Pensions, Daily Mail & General Trust pensions director Geoffrey Staines talks to Jonathan Stapleton about communications, risk management and in-scheme resource.
A focus on LDI counterproductive for pension funds – M&G Investments
Returns as important as risk management, say M&G Investments
Large pension funds a threat to financial stability – European Commission
European Commission says pension funds should also be classed as “too big to fail”
Asia Risk Congress 2010: ING risk head admits mispricing variable annuities
Industry has underpriced variable annuities, conference hears
NAPF: EU Solvency II proposals could undermine provision
Insurance regulatory capital framework is "inappropriate" for the European pension industry, say organisations
Insurers weigh the pros and cons of total return swaps
Many happy returns
Video: Simple is a good starting point - the LLMA explains its pricing framework proposals
Guy Coughlan talks to Life & Pension Risk about the LLMA's longevity derivative pricing framework - and how to stimulate the market
Financial crisis whets appetite for LDI by German pension funds
German corporate pension plans turn their attention to interest rate and inflation hedging
LLMA attempts to stimulate longevity market with pricing framework
Industry body seeks to create benchmark price level to expand market participation
Assessment of longevity risk under Solvency II
As the implementation of Solvency II looms, the calibration of the standard formula remains a controversial issue as the industry runs the fifth quantitative impact study. But the current design overshoots the one in 200 year confidence level.
Cern pension fund – moving beyond LDI
Frontiers of funding
Canadian defined benefit pension schemes’ solvency deteriorates
Canadian pension plans slip back from fully funded status
Funding needs drive banks to “borrow” liquidity from insurers and pension funds
Insurers and pension funds offer banks a lower-cost solution to their funding issues
Cash variation margin requirements worry pension funds
Having to post cash as variation margin to central counterparties (CCPs) will cause substantial yield losses for pension funds that conduct liability-driven investment (LDI) strategies, according to fund managers.
Botched legal work in BT privatisation responsible for potential £23 billion pension liability for UK taxpayers
Flawed legal agreement behind landmark UK privatisation leaves UK taxpayers counting the cost
FSA defends "risk sensitive" Solvency II data weightings
FSA says weighting of data in SCR calculation should be driven by economic environment - and is not pro-cyclical
If everyone says we got QIS 5 wrong, then we must have got it right: van Hulle
European Commission rejects industry criticism over the calibration of QIS 5
Pension Protection Fund levy to incorporate investment risk
PPF consults over basing the majority of levy payments on the level of scheme’s risk
Total return swaps – pension funds seek security in uncertain markets
Many happy returns