Government-issued longevity bonds would allow longevity risk to be shared efficiently and fairly between generations …. In exchange for paying a longevity risk premium, the current generation of retirees can look to future generations to … hedge their aggregate longevity risk. There are also wider social benefits. Longevity bonds will lead to a more secure …

Government-issued longevity bonds would allow longevity risk to be shared efficiently and fairly between generations …. In exchange for paying a longevity risk premium, the current generation of retirees can look to future generations to … hedge their systematic longevity risk. Longevity bonds will lead to a more secure pension savings market, together with a …