Why Club Vita?

Longevity remains the biggest unmanaged risk for defined benefit (DB) pension plans. As plans mature, longevity deserves a proactive plan for its management, avoiding future regret on funding decisions, on investment strategy and on risk transfer.

Data Driven Decisions

Assumptions about future longevity affect many decisions for pension plans, with longevity overlapping the professional domains of the administrator, actuary and investment advisor.

Unlike insurance companies, pension plans can't net off their longevity risk against mortality risk on life insurance policies. This lack of a natural hedge makes plan sponsors anxious about how best to secure participants' future benefits.

A pro-active strategy for managing longevity risk is clearly desirable. But, until recently, reliable, relevant data hasn't been available.

“Longevity is not simply an assumption, but a real risk. Having hard evidence to negotiate assumptions with actuaries, or terms with providers, adds real value.”
John Chilman, Chairman, Railways Pension Trustee Company (UK)

Club Vita's approach to data pooling and unique longevity tools help pension plans manage the peculiar characteristics of longevity risk in a disciplined way. We enable your data - alongside that from like-minded peers in the industry - to do the talking. The pooling of data helps all plans - big or small, private or public sector, white or blue collar - to clearly see the signals in longevity trends from the statistical noise.

Our annual reporting gives you objective, independent oversight into your actuary's funding recommendations, judging whether the confidence of your investment advisor in hedging future expenditure is justified or misplaced, and even helping you offer fair lump sums.

Club Vita can help you take control of longevity risk, making more confident, strategic decisions, rooted in hard data.

Want to know more?

Here are our 1-2-3s of mastering longevity risk.