The first data released from the 2011 census has confirmed there is a huge increase in people expected to reach traditional retirement age over the next few years.
Some of the UK's top firms have been forced to up their longevity increase assumptions after underestimating the rate at which their scheme members' life expectancy is improving, Hymans Robertson said.
Pension Corporation has completed the buyout of an ancient merchant trade association's defined benefit pension scheme.
Poorer than expected asset returns, a falling discount rate and increasing longevity assumptions have almost doubled the Johnston Press Pension Plan deficit in 2011.
Somerset and Suffolk towns top life-expectancy list for older people; Welcome to the village of long-life; Ex-Calpers chief accused of fraud
A village named after the patron saint of England has the highest life expectancy in the UK, according to Towers Watson research.
Club Vita and Deutsche Borse have launched a range of longevity indices in a bid to expand the longevity swap market and open it up to smaller schemes.
Average retirement ages rose by almost one year between 2004 and 2010 according to the latest statistics published by the Office for National Statistics.
Trustees have been warned to keep a close eye on longevity assumptions as improvements to mortality rates resulted in 20,000 fewer deaths than expected last year in England and Wales.
Legal & General intends to extend the longevity swap market to cover smaller schemes, after completing a £1bn deal with the Pilkington Superannuation Scheme.