Closing date for proposals is Monday 23 November 2015, 5PM GMT
The aim of the project is: to develop a readily-applicable methodology for quantifying the basis risk arising from the use of population-based mortality indices for managing the longevity risk inherent in specific blocks of pension benefits or annuitant liabilities.
The Phase 1 of this project was successfully completed at the end of 2014. This phase focused on research into longevity basis risk and consequent development of a methodology that can be used to measure longevity basis risk. Download the phase 1 report and User Guide.
Phase 2 of the project will focus on putting the work carried out in Phase 1 into practice. We expect the project to last approximately 6 months from the time the project is awarded; further details of the timeline are set down below.
- Opening date: 7 October 2015
- Closing date: 23 November 2015 (5PM GMT)
- Project awarded: December 2015
Responses to the tender should be received by 5pm (GMT) on Monday 23 November 2015. We anticipate that shortlisted candidates will be invited to present and discuss their responses during the week beginning 30 November 2015.
This document includes essential information for applicants, including how to apply.
For more information about the calls for research please contact the Research and Knowledge Team.
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