UK - Nearly half of the FTSE 100 companies amended the mortality assumption of their pension scheme last year adding around £6bn (US$11.7bn) to the index's liabilities, according to Watson Wyatt.
Research into annual reports showed companies now estimated current pensioners would live an average extra 16 months but those retiring in 15 years time would live an extra 21 months. Nicola van...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date