Prudential’s staff pension fund has secured £3.7bn ($4.9bn) of longevity cover from Pacific Life Re.
The longevity swap deal provides cover for the pensions of 20,000 people in the Prudential scheme in case they live longer than expected.
The
Prudential’s staff pension fund has secured £3.7bn ($4.9bn) of longevity cover from Pacific Life Re.
The longevity swap deal provides cover for the pensions of 20,000 people in the Prudential scheme in case they live longer than expected.
The