Reinsurance: Longevity - Making the A grade

clock

Ron Wheatcroft discusses how three reports published in September demonstrate the difficulties in funding an ageing society.

September is traditionally the month when children return to school and study in the hope that good grades and favourable reports will come at the end of the school year. For our industry, this particular month has seen three new reports about funding the older ­generation’s increasing longevity. First, the Association of Consulting Actuaries (ACA)published its study of workplace pensions, Alarm Bells Ringing. The title is particularly apt as its research reveals that a third of larger employers are looking to decrease pension spending. In addition, “at least two-thirds of emplo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Shifting demographics: Post-Budget protection conversations

Shifting demographics: Post-Budget protection conversations

Emerging market for people aged 45 and upwards

Naomi Greatorex
clock 18 February 2025 • 3 min read
Supermarkets, fast cars, and protection insurance

Supermarkets, fast cars, and protection insurance

'I would argue this is a perfect example of an efficiency gap'

Paul Yates
clock 10 February 2025 • 3 min read
Protection advisers concerned about rising costs and market pressures

Protection advisers concerned about rising costs and market pressures

One-third see cost of doing business as biggest challenge

Jaskeet Briah
clock 30 January 2025 • 2 min read