Cohort effects in UK mortality experience have been much discussed. The group of lives born around 1930, termed the 'golden cohort', has consistently experienced faster rates of mortality improvement than those born in surrounding years. But the fall in mortality improvements in recent years has particularly affected this cohort.
In this Spotlight we analyse recent mortality improvements by cohort, including by cause of death, and assess the implications for pension and annuity portfolios.
Our Longevity services team produces regular commentaries on topical issues in the management and transfer of longevity risk known as 'Spotlight on Longevity'.
To obtain copies of Spotlights, or for more information, please contact the author.