Barclays' UK Retirement Fund Closes $8.1 Billion Longevity Risk Deal
The pension fund aims to hedge against any unexpected rise in life expectancies.
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The pension fund aims to hedge against any unexpected rise in life expectancies.
The trustee of the Barclays Bank UK Retirement Fund (UKRF) has insured £7bn of its liabilities against longevity risk, with reinsurance provided by an insurance subsidiary of Prudential Financial.
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