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UBS appoints Barnett Waddingham for administration and actuarial services for longevity swaps
Barnett Waddingham is to provide administration and actuarial services for UBS longevity swaps. Longevity swap is an insurance program that helps pension schemes hedge the risks of paying out for longer to ageing memberships. The appointment was made as UBS seek to extend their business to the growing market for longevity swaps. Barnett Waddingham Partner, Paul Jayson, commented: “We look forward to working with UBS in an area that is becoming more popular as buy-out capacities become more expensive and organisations look for an alternative way to manage risk.”
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UBS appoints Barnett Waddingham for administration and actuarial services for … – Employee Benefits
Read the full article here:
UBS appoints Barnett Waddingham for administration and actuarial services for … – Employee Benefits
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article ID: 1340108 http://www.actuarialcrossing.com/article/1340108/UBS-appoints-Barnett-Waddingham-for-administration-and-actuarial-services-for-longevity-swaps/ article title: UBS appoints Barnett Waddingham for administration and actuarial services for longevity swaps |
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