The six-year trend in falling life expectancy improvement rates has become "the new norm", according to 60% of scheme respondents to a Lane Clark and Peacock (LCP) survey.
It comes after longevity improvement rates fell from 3.1% per annum in 2011 to 1% per annum in 2016, meaning schemes holding a triennial valuation this year could see liabilities fall by 4% since their...
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.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point