LONGEVITY RISK
- The risk by which a pension fund or life insurance company might be exposed due to higher-than-expected payout ratios. This occurs because of the rising life expectancy trends among policy holders and pensioners, which leads to having a higher payout levels than what a firm or fund initially accounts for. The plans that are vulnerable to highest levels of longevity risk are defined-benefit pension plans and annuities that assures lifetime benefits for plan or policy holders.
- The peril that the money a person saves for retirement might not be sufficient to sustain them because of increased life expectancy.
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Hope Now Alliance
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
07:00 | Leading Indicators | Jan | |
07:00 | Leading Indicators | Jan | |
13:00 | CBI retail sales volume balance | Mar | |
13:00 | CBI retail sales volume balance | Mar | |
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
16:00 | New Home Sales | Feb | |
16:00 | New Home Sales | Feb | |
01:30 | Westpac Consumer Sentiment | Mar |