Insurance that covers the cost of additional pension payments for members who live longer than expected.
Longevity insurance
Annuity buy-ins
A group annuity policy that transfers all the risks to Sun Life for a group of retirees and is invisible to plan members.
Annuity buy-outs
A traditional group annuity policy that transfers to Sun Life all the risks for a group of retirees.
Liability driven investing (LDI)
Our partners at SLC Management provide liability driven investing solutions. Developing customized solutions to help plan sponsors invest in assets that offset changing market conditions that affect the plan's liabilities. Helping plan sponsors reduce risk with the potential to enhance yield.