Why Club Vita?

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

Data driven decisions

Assumptions about future longevity affect many decisions on trustees’ agendas, with longevity overlapping the professional domains of the administrator, actuary and investment advisor.

Unlike insurance companies, pension funds can’t net off their longevity risk against mortality risk on life insurance policies. This lack of a natural hedge makes trustees anxious about how best to secure members’ future benefits.   

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

“Club Vita deserves credit for changing the market by providing mortality information in a way that makes trustees feel able to make informed decisions about longevity assumptions, rather than simply accepting their actuary’s proposals.”
Huw Evans, Trustee Executive, BESTrustees plc

Club Vita’s extensive dataset and unique longevity tools help trustees 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 schemes - 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 of 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 transfer values.

Through our six step journey, Club Vita will help you take control of longevity risk, making more confident, strategic decisions, rooted in hard data.

Want to know more?

Find out more about how you can benefit from annual data cleansing, benchmarking of your scheme and longevity assumptions for every individual in it.

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