LCP predicts 2% reduction in scheme liabilities

The firm said liabilities could reduce due to the pandemic and the cost of living crisis

Holly Roach
clock • 3 min read
The firm said it expects mortality rates to continue rising
Image:

The firm said it expects mortality rates to continue rising

Scheme liabilities could reduce by 2% as mortality rates continue to increase due to the cost of living crisis and the effects of the pandemic, according to Lane Clark & Peacock (LCP).

The consultant's sixth Longevity Report - published today (5 May) - revealed the cost of living crisis and the effects of the pandemic are likely to lead to a continued increase in mortality rates,...

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

Buzz: Do we need a ten-day 'Pension Switch Guarantee'?

Buzz: Do we need a ten-day 'Pension Switch Guarantee'?

‘Pension Switch Guarantee’, administration standards and DB surplus sharing

Professional Pensions
clock 16 February 2026 • 1 min read
Canada Life writes £800m of bulk purchase annuities in Q4 2025

Canada Life writes £800m of bulk purchase annuities in Q4 2025

Insurer’s full-year results show its assets under management were over £39bn

Martin Richmond
clock 16 February 2026 • 2 min read
News Digest: Capita 'not given whole picture' of Civil Service Pension Scheme backlog, MPs told

News Digest: Capita 'not given whole picture' of Civil Service Pension Scheme backlog, MPs told

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

Professional Pensions
clock 16 February 2026 • 1 min read
Trustpilot