Trustees should be prepared for life expectancy of members to continue to increase rapidly despite data from the Office of National Statistics suggesting a possible slowdown, says Mercer.
The consultant said the ONS report, Health Expectancies at birth and age 65 in the United Kingdom, 2008-10 suggested mortality rates were rising more slowly than expected, particularly for older sections...
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.