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Mortality Reviews
The Actuarial Profession requires actuaries to consider the particular features of each pension scheme population before assessing what may be appropriate assumptions to make about current rates of mortality and expected future improvements in longevity. It is therefore unlikely to be appropriate in future for pension scheme actuaries to apply “standard” mortality tables and projections without considering the circumstances of a particular scheme.
Barnett Waddingham’s dedicated Insurance Consulting team has considerable experience and expertise in undertaking mortality experience analyses and has carried out such work for UK and international insurers and reinsurers as well as working with the UK and Indian actuarial professions to produce industry-wide statistics.
Related DocumentsScheme Specific Mortality Assumptions (899.73 KB, .pdf)