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 UK economy shrank by 0.7% in the second quarter of the year, a far worse contraction than economists had forecast, keeping the UK mired in recession.
Pensioners are as satisfied with their lives as teenagers aged between 16 and 19, Office for National Statistics reveals.
Less than half of all full-time workers are now saving into a workplace pension, according to the Office for National Statistics.
Economists say the sharp drop in inflation announced today could justify a further round of quantitative easing by the Bank of England.
Institutional investors are selling gilts at the fastest rate in more than a decade according to Office for National Statistics figures.
The number of people in the UK working beyond state pension age has almost doubled over the last 20 years according to figures released by the Office for National Statistics.
The Office for National Statistics is to consult on plans to expand the Consumer Prices Index inflation measure to include housing costs.
Schemes with liabilities linked to the retail prices index are set to get a multi-million pound boost next year after researchers said they would change the way they calculate inflation to make RPI figures lower.
The Pensions Regulator has been urged to report on the workplace defined contribution market in greater detail, after Office for National Statistics figures revealed the size of the market for the first time.