It is axiomatic that managing longevity risk is a long-term affair. Assuming that a one-year increase in life expectancy adds 3% to a pension scheme's liabilities it would take an increase of 10 years...
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In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.