The Society of Actuaries released updated mortality tables, which show that longevity in the United States is increasing.
The Office of the Superintendent of Financial Institutions (OSFI) has issued a policy advisory to administrators of federally regulated DB pension plans that are considering entering into a longevity insurance or longevity swap contract.
Some people in the United Kingdom will be planning their later life finances on false premises around their assets and longevity.
Canadians have made significant gains in longevity over the past century, and further gains are expected, according to an actuarial study by the Office of the Chief Actuary of Canada.
Is 2014 the dawn of a new era in pension plan de-risking?
The California Public Employees’ Retirement System board of administration has approved new demographic assumptions, which it says are designed to ensure greater sustainability and soundness of the pension fund.
While there may be challenges with people living longer, Canada isn't facing a retirement crisis, according to the Canadian Institute of Actuaries.
Longevity risks affect all plan sponsors, healthcare costs set to rise, market value of pension funds rises, Alberta proposes cuts to public sector pensions, This month in Numbers and Market Watch.
OMERS is studying the draft report by the Canadian Institute of Actuaries indicating that Canadians are living longer.
Despite medical advances that make extreme longevity possible, Canadian seniors don’t see much value in living to 120 mainly due to health concerns, according to a new CARP poll.