Continuing increases in life expectancy have caused growing concern at the financial burden faced by occupational pension schemes and their sponsors. New insurance and investment-based products have been launched to help schemes manage the risks of future increases. But Mercer Human Resource Consulting warns that companies should take steps to properly understand their own schemes' risks before making any purchase.
Mercer has developed analytical and modelling tools to help companies understand their own position and how much risk the new products can take away.
