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Swaps on pension agenda
Large pension funds are still keenly interested in offloading their longevity risk through swaps, despite a recent report indicating that interest in the instruments had fallen away, JP Morgan's head of longevity Guy Coughlan says.

He said while interest varied it is significant "in terms of it being on their radar screen".

Larger funds - which are better equipped to handle the complexity and expense involved in such transactions - are engaged in a variety of...

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