Trustees advised to check impact of longevity hedge on buyout

By 2010-02-02T12:28:00

[16:50 CET 02-02] UK – Pension trustees considering a longevity hedge should ensure the transaction can either be substituted with a contract from the buyout provider or be unwound at a "reasonable" price, if the employer's ultimate aim is a buyout of liabilities, according to a pension manager who has ...

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