The completion of ITV’s £1.7 billion longevity swap could rekindle pension schemes’ interest in longevity hedging. However, such swaps remain largely the remit of a small minority with the necessary time and resources to pursue them.
The deal between the ITV pension scheme and Credit Suisse is the third largest of its kind so far, removing the risk of increases in pension liabilities that would arise if a significant proportion of the scheme’s defined benefit pensioner population were to enjoy a
The week on Risk.net, October 6-12, 2017Receive this by email
- Quantile, TriOptima face off in cleared swaps compression battle
- ABS set for revival under US Treasury’s liquidity buffer plans
- Deutsche Bank expects early 2018 decision on LCH exit
- Industry hails potential US relaxation of margin timing rules
- Leaked EU doc could shield legacy swaps from clearing grab