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...
David Hutchins looks at the recent FCA interim market study and asks better value can be delivered to members.
PP research finds disagreement on whether transfers to SSASs are the problem and should be barred.
Aon Hewitt, Mercer and Willis Towers Watson have joined forces in calling for measures to tackle transparency and competition issues raised by the Financial Conduct Authority (FCA).
This week's top stories included coverage of the DWP's much-anticipated green paper on defined benefit (DB) regulation, and ARC Pensions Law's plans to open a Leeds office.