When those born between 1965 and 1980 start to retire in significant numbers, the UK will face crisis
Inflation expectations have reduced DB long-term liabilities by around 0.2% since mid 2021
Percentage of those saving for retirement has gone up by a third since AE launched
ONS statistics show how auto-enrolment has driven increase in participation
An 0.1% rise on the record figure observed in December
DB scheme funding remains stable despite pressures
The longest continuous period of excess mortality since Covid-19 began
Services output overall has returned to pre-pandemic levels
DB schemes likely to see an increase in liabilities
The 2018 to 2020 period saw the first drop in life expectancy since the series began