Depending on your point of view.
On the one hand, UKIP supporters are dwindling faster than expected, and pension annuity rates might go up a smidgin.
https://www.ft.com/content/f8a44b1a-33b8-11e7-bce4-9023f8c0fd2e
"The bad news is that people are not living as long as experts predicted. The good news is that this is a boon for pension schemes and insurance companies.
When more people died than expected in the UK in 2015, it was dismissed as a one-off — a small interruption in the long-term process of ever increasing life expectancy, potentially linked to problems with a flu vaccine. Two years on, that blip has become a trend.
The vast improvements in life expectancy witnessed in the first decade of this century have stalled. The change has significant consequences for companies that have to predict how long people might live, not just life assurers but any business that has made pension promises to its employees."
"The latest figures, released in March, show that life expectancy for men at age 65 dropped six months from 22.8 years in 2014 to 22.2 years in 2016. For women, the reduction was eight months from 24.9 years to 24.1."
On the one hand, UKIP supporters are dwindling faster than expected, and pension annuity rates might go up a smidgin.
https://www.ft.com/content/f8a44b1a-33b8-11e7-bce4-9023f8c0fd2e
"The bad news is that people are not living as long as experts predicted. The good news is that this is a boon for pension schemes and insurance companies.
When more people died than expected in the UK in 2015, it was dismissed as a one-off — a small interruption in the long-term process of ever increasing life expectancy, potentially linked to problems with a flu vaccine. Two years on, that blip has become a trend.
The vast improvements in life expectancy witnessed in the first decade of this century have stalled. The change has significant consequences for companies that have to predict how long people might live, not just life assurers but any business that has made pension promises to its employees."
"The latest figures, released in March, show that life expectancy for men at age 65 dropped six months from 22.8 years in 2014 to 22.2 years in 2016. For women, the reduction was eight months from 24.9 years to 24.1."
