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173523
registered interest false more like this
date less than 2015-01-13more like thismore than 2015-01-13
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Pensions remove filter
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government, in the light of the practice in the life assurance and reassurance markets of pension buyouts and longevity swaps, what is their assessment of the expected growth of those markets and at what point it would require assessment of the market exposure to systemic risk. more like this
tabling member printed
Lord Mendelsohn more like this
uin HL4105 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2015-01-26more like thismore than 2015-01-26
answer text <p>The Government recognises that pension buy-outs, buy-ins and longevity swap transactions provide an important means for pension schemes and firms to transfer longevity risk to a willing buyer. Factors that may lead to changes in the size and quantum of these markets and their ability to pose systemic risks to regulated firms is a matter for the Prudential Regulation Authority.</p><p> </p> more like this
answering member printed Lord Deighton more like this
question first answered
less than 2015-01-26T16:53:37.013Zmore like thismore than 2015-01-26T16:53:37.013Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this