In this insightful article, we delve into the recent findings from the Continuous Mortality Investigation (CMI), which reveal a concerning decline in the life expectancy of pensioners. This decline, exacerbated by the impact of the COVID-19 pandemic, has far-reaching implications for the solvency of pension schemes.
Our analysis explores the multifaceted factors contributing to this trend and highlights the plateauing of longevity improvements. As pension providers and policymakers grapple with this complex issue, we discuss the imperative for long-term solutions.
Discover how adjusting contribution models, redefining retirement ages, and embracing innovative investment strategies are key steps in addressing the longevity challenge and ensuring the future stability of pension systems.
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