In this episode James Parker is joined by Ian Aley from Willis Towers Watson and Amy Kessler from Prudential Financial, Inc. to discuss longevity swaps. In particular, the group looks at:
- What is longevity risk and what is a longevity swap?;
What determines if / when schemes undertake a longevity swap or buy-in?;What is the legal structure of a longevity swap?;Market activity and factors driving activity; and COVID-19 - Should trustees defer longevity swaps or other de-risking transactions.To find out more about our Pensions team or this podcast, head to cms.law.