Longevity swap: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Mend link.)
imported>Doug Williamson
(Expand definition.)
 
(One intermediate revision 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 pension scheme]]
*[[Defined benefit pension scheme]]
*[[Inflation swap]]
*[[Longevity]]
*[[Longevity]]
*[[Member]]
*[[Member]]

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.


See also