The long and short of longevity risk

About the Event

Life expectancy has continued to rise alongside medical advances and improvements to the standard of living. A longer life expectancy may be good news but it also presents a number of challenges. 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 will discuss: • 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 life expectancy, planning to finance it and the behavioural biases at play • A medical practitioner’s view on approaching conversations about life expectancy • The future of longevity prediction tools • The potential impact of COVID-19 on life expectancy data • A closer look at the Retirement Living Standards and what this practically means for your clients • 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