This month saw the annual update of the Actuarial Profession's Continuous Mortality Investigation (CMI). While it is too early to say what impact the latest mortality experience will have on long-term longevity trends, the figures are striking.
In 2012, improvements in male mortality rates slowed to 0.3% while for women death rates actually increased by 2.1%. This compares to a crude annual rate of mortality improvement of 3.8% for men and 3.6%...
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.