Howe thinks that funds should be conducting comprehensive scenario testing and modelling looking at the effect of potential longevity shocks.
To read the discussion paper click here.
01/05/2012
post-retirement, Barry Rafe, longevity, longevity insurance, Melinda Howes, Actuaries Institute
Investments
Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.
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