Longevity risk
Reuters featured Aubrey de Grey recently, with a look at financial implications of life extension.
“Longevity risk” — the chance that people live longer than experts expect — is now a regular topic in the pension industry because this risk is considered difficult to plan for.
Corporate pension funds have been turning to cutting-edge tools such as swaps to hedge risks on their portfolios, but to date coping with the risk of a higher-than-expected lifespan has proven a tough challenge for pension funds.
