Between a falling life expectancy rate and strong markets, it’s expected that more businesses will look to move their pension plans to specialist insurers in 2018.
That’s according to a report in the Financial Times, which cites consultancy LCP saying that because of the life expectancy drop—for a 65-year-old man it’s now half a year shorter than it was last year—companies are finding it easier to make buy-in and buyout deals with insurers.
The report quotes Charlie Finch, a partner at LCP, saying, “There has been lots of movement in mortality rates this year, and people have been taking stock of what that means.”
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
