Increased longevity sends liabilities soaring by £50bn

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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...

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