According to different sources, including the FT, longevity increases in the UK have been about 2 per cent a year over the past 30 years, forming a large part of the UK's private sector pension liabilities of £1,000 billion. While researching longevity risk I have also found that almost all the pensions custodians I spoke to said they have spent the better part of their time in 2010 battling risk and liabilities in their pension plans.
This makes it imperative for plan sponsors to act now to better quantify and assess their plan risks.
But this is easier said than done, at a time when cutting costs means that pricey investment consultants may be out of reach for your scheme. The first step then is to network with your peers who may have similar concerns and, certainly, do have similar budget constraints.
At the European De-Risking Longevity Forum 2010 you will:
Hear the arguments for and against increased life expectancy – and how it will affect your plan
Find out how schemes can prepare to quantify their risks
Learn which alternative de-risking strategies are available to your schemes
Gain insight into the legal complexity that each bespoke deal is likely to bring
Thu, 02/07/2015 - 15:51
A couple of years ago, the title Chief Information Security Officer, or CISO for short, was a foreign concept within the hedge fund community. The winds have changed, however, as hedge funds become increasingly targeted by cyber hackers, causing many to hire a CISO to uphold the network integrity of the firm. ... »
Mon, 29/06/2015 - 12:48
Sovereign wealth funds, though small in number and secretive in nature, wield considerable influence as investors as a result of their sizeable assets under management. This extract is taken from Preqin’s latest report which features exclusive content from the 2015 Preqin Sovereign Wealth Fund Review. ... »
Tue, 16/06/2015 - 09:57
Mergers and acquisitions in recent years have changed the face of hedge fund administration. Big custodial banks are likely to dominate the HFA space in years to come, forming one part of a barbell with a number of well-run, well-capitalised independent HFAs on the other end. This report examines the implications for both hedge funds and their administrators... »
Fri, 05/06/2015 - 12:06
The North American private debt industry has seen substantial growth in assets over the last decade. This extract from the Preqin Special Report: Private Debt in North America looks at the current state of private debt fundraising and funds currently in market. ... »
Wed, 27/05/2015 - 11:00
State Street Global Advisors has unveiled the results of an in-depth survey of 420 senior executives within global private and public pension plans, endowments, foundations and sovereign wealth funds, summarised in this keynote Hedgeweek Special Report... »
Sat, 04 Jul 2015 00:00:00 GMTCompliance Officer, Vice President, Private Banking
Fri, 03 Jul 2015 00:00:00 GMTCredit Risk AVP/VP | Singapore
Fri, 03 Jul 2015 00:00:00 GMT