pension scheme

ITV plc, a British television broadcaster, has announced that it has entered into a £1.7 billion longevity swap with Credit Suisse to remove the risks associated with increases in pension liabilities due to longer than expected life spans of members of their defined benefit pension scheme. Towers Watson advised the ITV Pension Scheme on the […]

The BBC, or British Broadcasting Corporation to give the television and radio production company its full name, has a £9 billion pension scheme which as you’d expect has a significant portion of its assets invested in various alternative asset types. One of those alternatives that the BBC has chosen to invest a portion of the […]

An Aon Hewitt executive told Professional Pensions that even small pension schemes should consider hedging their longevity risks or entering into longevity risk transfer transactions. To date, longevity risk transfer transactions have been large affairs with schemes worth billions involved, but the Aon Hewitt representative suggests that could change.