The Actuarial Profession has revised down its life expectancy projections for older people after recording slower than expected improvements in mortality rates over the last decade.
When applied to a standard scheme membership model, the projections equate to a 7.5% drop in life expectancy for a male scheme members aged 95 who can now expect to live for another 3.08 years. Although...
Defined benefit (DB) scheme liabilities are likely to rise after 10-year gilt yields fell below 1% today for the first time ever following last week’s Brexit vote.
As the country comes to terms with last week’s shocking Brexit vote, pension schemes face uncertain times ahead for their investments. They should respond cautiously and avoid kneejerk reactions, finds Stephanie Baxter
The Continuous Mortality Investigation (CMI) has launched a consultation on proposed changes to the mortality projections used by pension schemes.
Anna Copestake and Kevin LeGrand have been hired by Arc Pensions Law as the firm reaches its first anniversary.