Longevity improvement rate slowdown set to continue, industry believes
The six-year trend in falling life expectancy improvement rates has become "the new norm", according to 60% of scheme respondents to a Lane Clark and Peacock (LCP) survey.
It comes after longevity improvement rates fell from 3.1% per annum in 2011 to 1% per annum in 2016, meaning schemes holding a triennial valuation this year could see liabilities fall by 4% since their...
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