The Increasing Uncertainty of Longevity and What Pension Plans Can do to Hedge It

June 4, 2020 1:00 PM to 2:00 PMOnline - Central Time Zone
Area of Interest: Pensions Format: Web

Richard Brown of Club Vita Canada will explore recent longevity trends, what we currently know about COVID-19’s impact on Canadian longevity and what the future may hold in store for Canadian longevity. Ha Lam of The Co-operators will outline how longevity risk can be hedged, including sharing insights from the recent longevity insurance transaction for the Co-operative Superannuation Society Pension Plan.

Attendees will learn about:

  • How Canadian longevity has been changing over the recent past
  • What impact COVID-19 has had on Canadian longevity based on the information currently available and potential implications on future longevity
  • The options available to pension plan sponsors to hedge longevity risk
  • Details regarding the recent longevity insurance transaction for the Co-operative Superannuation Society Pension Plan

Target audience:

  • Pension plan sponsors, particularly those involved with the management of pension risks
  • Sponsors of other post retirement benefit plans exposed to longevity or mortality risk
  • Pension and insurance actuaries
Fees and Registration
Membership TypesRegular PricePlan Sponsor Price
Regular membership$25.00 CDN$25.00 CDN
Plan Sponsor Individual Membership$25.00 CDN$25.00 CDN
Associate$25.00 CDN$25.00 CDN
Student$25.00 CDN -
Non Member$65.00 CDN$65.00 CDN
Cancellation Policy
CE credits will be offered in partnership through Manitoba, Saskatchewan, Alberta and BC Insurance Councils. A short quiz must be completed at the conclusion of the seminar to qualify for credit.
 

Richard is a Longevity Risk Consultant with Club Vita, an international longevity analytics business with operations in Canada, the UK and the US. In Canada, Club Vita is currently tracking longevity experience for over 750,000 DB pensioners. Richard oversees Club Vita’s Canadian operations and longevity analysis and research, working with a team of actuaries, data scientists, administrators and IT professionals to provide innovative longevity analytics to the pension industry. Richard is a Fellow of the Canadian Institute of Actuaries and the Society of Actuaries and is also a CFA® charterholder.

Ha is a Senior Manager at Co-operators Life Insurance Company, a part of The Co-operators group of companies, providing Life, Health and Wealth Management products to individuals and groups across Canada. Ha leads a team in the pricing and in-force support of Wealth Management products, including the pension risk transfer business. Ha is a Fellow of the Canadian Institute of Actuaries and the Society of Actuaries.