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

UK inflation rises to 3.1% thanks to fuel price increase

UK inflation rises to 3.1% thanks to fuel price increase

ONS data shows an increase from 2.9% in July to 3.1% in August

clock 16 September 2026 • 3 min read
News Digest: UK state pension will surpass income tax threshold next year

News Digest: UK state pension will surpass income tax threshold next year

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

Professional Pensions
clock 16 September 2026 • 1 min read
TPR analysis shows continued improvements in DB funding positions

TPR analysis shows continued improvements in DB funding positions

Regulator report shows 67% of schemes reported a surplus, up from 39% three years ago

Holly Roach
clock 15 September 2026 • 3 min read
Trustpilot