Take fresh look at longevity assumptions as £130bn 'tied up' from optimism, PwC urges

James Phillips
clock • 2 min read

More than £130bn of company funds are tied up in pension schemes specifically due to lower than expected levels of life expectancy improvements over the last decade, according to PwC.

Schemes have potentially become too worried about undershooting the rate of longevity improvement, meaning that companies have now overpaid for improvements that have not materialised. Pension f...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

Industry opposes government decision to reassess Waspi compensation

Industry opposes government decision to reassess Waspi compensation

PP survey shows 69% say government should not reassess Waspi compensation decision

Martin Richmond
clock 28 November 2025 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Autumn Budget pension announcements and IGG buys KGC Associates

Professional Pensions
clock 28 November 2025 • 1 min read
News Digest: Rachel Reeves to rush salary sacrifice cap into law to reassure markets

News Digest: Rachel Reeves to rush salary sacrifice cap into law to reassure markets

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

Professional Pensions
clock 28 November 2025 • 1 min read
Trustpilot