Defined benefit

A long life for longevity swaps?

The market for longevity swaps is picking up pace, with several transactions completed over the past few months. But is this asset class here to stay or is it a response to market conditions? By Alexander Campbell

IAS 19 to speed pension de-risking

Proposed changes to accounting standards will remove some of the reporting freedom enjoyed by pension funds and could steer them away from investing in equities towards the relative safety of bonds and swaps – a development that could have an impact on…

New disclosure rule boosts pension risks

New UK accounting rule FRS 17 will force companies to disclose pensions liabilities on corporate balance sheets. The risk management issues are wide-ranging, and experts have few easy answers. Furthermore, the new rule could soon be adopted in a number…

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