The new white paper 'Longevity and Pensions - protecting company pensions against longevity risk' focuses on the impact of increasing longevity on company-sponsored defined benefit plans, and discusses possible solutions.
As mortality rates have declined, pension systems have not been adjusted accordingly. In particular, funding assumptions for pensions do not yet fully reflect the impact of longer-lived populations. As a result, the three pillars of pensions – state-run social plans, company-sponsored plans and private retirement savings – are facing unprecedented challenges.
What is in the paper?
In the paper, the following questions are addressed.
- What are the sources of pension plan risk?
- How can a pension fund assess the longevity risk it is exposed to?
- How can a pension fund protect itself from longevity risk?
- What is a fair price for protection?
The paper also provides seven guidelines on implementing longevity swaps.
Download the white paper
If you would like to download the white paper 'Longevity and Pensions - Protecting company pensions against longevity risk', please click here.
Review webinar on 24 May 2011
On 24 May 2011, AEGON Global Pensions organised a one-hour online briefing ('webinar') for people who requested the white paper 'Longevity and Pensions - protecting company pensions against longevity risk'.
For a review of the webinar, please click here.