Hymans Robertson says providers should offer more innovative tools to members
Club Vita’s deal with Longitude Exchange will help build market for longevity risk
Club Vita’s global businesses have merged into a single independent company
Howard Kearns explores the biggest remaining risks for DB pension schemes.
Analytics to support bespoke longevity assumptions will be integrated on the platform
Pension schemes face higher liabilities as improvements in mortality rates trend towards their highest level in a decade.
Females can expect to live a greater number of years in poor health than males, according to data from the Office for National Statistics (ONS) for 2015 to 2017.
Life expectancy amongst affluent men is rising faster than any other group, according to analysis by the Pension and Lifetime Savings Association (PLSA) and Club Vita.
A $224trn (£174.2trn) combined deficit could hit the six largest pension systems if action is not taken now to address longevity risk, the World Economic Forum (WEF) has warned.
Steven Baxter believes we need a reality check when it comes to talking about the state pension age