PT - JOURNAL ARTICLE AU - Guy Coughlan TI - Longevity Risk Management: <em>New Tools for Defined-Benefit Pension Plans</em> DP - 2013 Sep 21 TA - Special Issues PG - 61--72 VI - 2013 IP - 1 4099 - https://pm-research.com/content/2013/1/61.short 4100 - https://pm-research.com/content/2013/1/61.full AB - Longevity risk has recently emerged as a significant concern for many defined-benefit pension plans. In recent years, pension actuaries and plan sponsors have been caught out by large, unanticipated increases in life expectancy, which have led to significant increases in the value of plans’ liabilities. The emergence of new solutions and resources for longevity management means that a complete toolkit is now available for managing these plans for long-term sustainability.