BT Pension Scheme Completes £5 Billion Longevity Swap
The BT Pension Scheme is one of the UK’s largest private sector pension schemes with over a quarter million members and £47 billion in assets. BT Pension had entered into a longevity reinsurance arrangement with Reinsurance Group of America, Incorporated (RGA). The transaction protects BT Pension from the cost of unexpected increases in the life…
Source: swfinstitute.org