Longevity assumption update could save sponsors 'millions'

Hymans Robertson finds CMI model update could mean 3% reduction in liabilities

Jasmine Urquhart
clock • 2 min read
Hymans Robertson says schemes and sponsors need to update their longevity modelling given ongoing uncertainty after the pandemic
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Hymans Robertson says schemes and sponsors need to update their longevity modelling given ongoing uncertainty after the pandemic

Updating longevity assumptions to reflect more recent views on life expectancy could save sponsoring employers “millions”, research from Hymans Robertson finds.

The research, which assessed how various longevity models from the Continuous Mortality Investigation (CMI) would affect upcoming three-year valuations, found an update to the longevity assumptions...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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