British pensioners will receive estimates of their life expectancy to help them manage their retirement savings.

According to pension minister Steve Webb, the government wants to provide pensioners with a rough idea of how long they have left to live when they reach retirement to allow them to make better financial decisions.

Experts will take into account factors such as gender, place of residence and whether they smoke, he said.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.