Risk-managing the next generation of savings products

The challenge of increased longevity is confronting countries around the world, and governments are wrestling with the challenge of how to encourage people to save more to fund ever-longer periods of retirement.

Insurers, meanwhile, are busy developing the next generation of long-term savings and investment products. It is no straightforward task. Consumers want simple, flexible products that provide attractive growth rates and guarantees. Insurers need to find ways of providing these guarantees