Lifetime mortgages are not something the pensions industry has needed to be particularly familiar with historically. However the term is starting to find its way into the pensions vernacular due to the huge increase in risk transfer activity in the last couple of years and given all bulk purchase annuity insurers are invested in LTMs to some extent.
Argyll has produced an Insight paper on LTMs looking at what they are and why they matter for buy-ins and buyouts, and in particular what pension schemes need to do to manage any potential risk exposure.
There is also a summary article. Both publications can be found below.
For further information, contact:
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+44 (0)7718 543168