Longevity Management
Lifespans drive the cashflows on which your modelling is based.
Get longevity wrong and you'll make the wrong decisions on funding, on risk transfer and on investment strategy. We don't think there are stock answers to the problem, but we know from experience the difference a tailored solution can make.
Unrivalled insights
Our team is the biggest and most experienced in the industry and we are constantly innovating to ensure we improve our clients’ outcomes.
Club Vita's accuracy, objectivity and independence means you'll gain unrivalled insights. Based on longevity data that's drawn from well over 200 diverse schemes and updated every year, we are able to give you a true picture of longevity from the data you hold on your members.
Beyond that, we can promise you the depth and breadth of expertise of a 20-strong, industry-leading longevity team – a team that insurers, reinsurers and other providers of longevity products regularly turn to for advice.
Understand longevity risk
Your challenge
The ever-changing consumer landscape means a growing market for developing commercial solutions to longevity challenges.
Good to know
We have developed innovative analytical and modelling tools, acknowledged as ground breaking in the industry, to help you understand and manage the longevity risk specific to your portfolios.
Make the right assumptions
Your challenge
The wrong longevity assumptions can be costly for trustees and sponsors, potentially leading to missed opportunities to manage liabilities and surprise results at valuations.
Good to know
Our longevity expertise will keep you on the front foot in managing your longevity risk. The depth and breadth of our insight means that we offer the right solutions, at the right time and at the right price.
Reduce your liabilities
Your challenge
The cost and uncertainty of increasing longevity is a significant challenge. Every decade, life expectancy is increasing by two to three years, faster than many funds are assuming.
Good to know
Using Club Vita at valuation, liabilities for some funds may be reduced by more than 5%.
Where funds don’t participate in Club Vita, we tailor tables to allow for LGPS-specific variations as well as the more traditional categories.
A global reinsurer recently wanted to enter the longevity-swap market and required an independent view on baseline longevity assumptions for target portfolios.
We applied our experience of analysing 200+ pension schemes to highlight unusual issues and features of the target portfolio or its longevity experience.
Our approach ensured our client successfully entered the market with confidence in new business pricing and capital allocation.
Club Vita LLP is an Appointed Representative of Hymans Robertson which is authorised and regulated by the Financial Conduct Authority and licensed by the Institute and Faculty of Actuaries for a range of investment business activities.