Between a falling life expectancy rate and strong markets, it’sexpected that more businesses will look to move their pension plans to specialist insurers in2018.
That’s according to a report in the Financial Times, whichcites consultancy LCP saying that because of the life expectancy drop—for a 65-year-old man it’snow half a year shorter than it was last year—companies are findingit 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, andpeople have been taking stock of what that means.”
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