Longevity swap: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Source: FT http://lexicon.ft.com/Term?term=longevity-swap) |
imported>Doug Williamson (Expand definition.) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 2: | Line 2: | ||
A longevity swap is a derivative contract that offsets the risk of defined benefit pension scheme members living longer than expected. | A longevity swap is a derivative contract that offsets the risk of defined benefit pension scheme members living longer than expected. | ||
It is a form of longevity hedge, protecting against the potentially adverse effects of longevity risk. | |||
==See also== | ==See also== | ||
*[[Defined benefit]] | *[[Defined benefit pension scheme]] | ||
*[[Inflation swap]] | |||
*[[Longevity]] | *[[Longevity]] | ||
*[[Member]] | |||
*[[Swap]] | *[[Swap]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Latest revision as of 21:42, 19 December 2019
Pensions risk management.
A longevity swap is a derivative contract that offsets the risk of defined benefit pension scheme members living longer than expected.
It is a form of longevity hedge, protecting against the potentially adverse effects of longevity risk.
