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
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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,...

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