Deficits could fall by hundreds of billions of pounds if the six-year stall in life expectancy improvements becomes a long-term trend. However, there is a risk of taking too much notice of short-term changes, writes Stephanie Baxter.
Over the first decade of this century there was a clear trend of increasing life expectancy, which underpinned most pension fund forecasts. But over the past six years, the previous improvement rat...
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