The Long and the Short of Longevity Risk

The risk of poor investment returns, increases in inflation or withdrawing too much too soon can all erode pension savings rapidly. 

If we knew exactly when someone would die, planning would be much easier. We know it’s impossible to predict, but can we deepen our understanding of longevity and could this lead to richer conversations with clients? Ultimately, how can we go about managing this risk more effectively?

Our panel of industry experts and key industry figures discussed:

• Approaches to life expectancy – the merits, pitfalls and key factors to consider – and why you shouldn’t over rely on ONS life expectancy data 
• The impact of talking to your clients about how long they might live for, planning to finance it and the behavioural biases at play
• The variables associated with longevity risk such as expected life, sustainable withdrawal rates, inflation, spending patterns and investment returns
• How to de-risk your business and protect your clients from longevity risk

Watch on demand HERE

SPEAKERS INCLUDE

• Emma Byron, managing director, Legal & General Retail Retirement
• Jon Scannell, distribution director, Legal & General Retail Retirement
• Joseph Lu, director of longevity science, Legal & General Retail Retirement
• Bruce Guthrie, professor of general practice, University of Edinburgh
• Keith Richards, chief executive, Personal Finance Society
• Simoney Kyriakou, editor, Financial Adviser

SESSIONS INCLUDE

• Approaches to life expectancy – the merits, pitfalls and key factors to consider – and why you shouldn’t over rely on ONS life expectancy data 
• The impact of talking to your clients about how long they might live for, planning to finance it and the behavioural biases at play
• The variables associated with longevity risk such as expected life, sustainable withdrawal rates, inflation, spending patterns and investment returns
• How to de-risk your business and protect your clients from longevity risk