Death benefits in UK annuities 'should be eligible for revised Solvency II matching adjustment’


UK annuity products with guaranteed payments on death should be eligible for the matching adjustment as the mortality risk these products carry is likely to be immaterial in most cases, actuaries say.

Exposure to mortality risk, which can disrupt the predicted cashflows, could make life products ineligible for the matching adjustment. This could force UK annuity providers to scrap or raise the price of some product features, such as guaranteed payment periods on the death of the annuitant.

But a

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:

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 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: