Increased longevity sends liabilities soaring by £50bn

clock •

Changes to longevity assumptions for the latest round of triennial valuations have sent defined benefit scheme liabilities soaring by £50bn, longevity experts say.

Schemes who conducted valuations three years ago have increased their life expectancy assumptions for a 65-year-old pensioner by 1.4 years and for future pensioners aged 45 by 2.4 years in their mo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Providers report increasing saver demand for pension tracing tools

Providers report increasing saver demand for pension tracing tools

Raindrop research finds 82% of providers reported rising demand for tracing capabilities

Martin Richmond
clock 26 October 2026 • 2 min read
Budget to reveal new tax-free allowance for low-income state pensioners, say reports

Budget to reveal new tax-free allowance for low-income state pensioners, say reports

John Healey also set to protect the tax-free pension lump sum on Wednesday

Alex Levy
clock 26 October 2026 • 2 min read
News Digest: Poorest pensioners set to be shielded from income tax in budget

News Digest: Poorest pensioners set to be shielded from income tax in budget

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 26 October 2026 • 1 min read
Trustpilot