Defined benefit scheme (DB) trustees and sponsors need to think more about how factors such as vaping and obesity will affect longevity risk, according to Mercer.
These trends are more useful for modelling risks than estimates of seasonal deaths, which can be unpredictable. The recommendation follows research showing deaths in England and Wales fell by 2%...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
