Our client teams work in tandem with our specialist Longevity Consulting team to provide a concise report making best use of the data available and tailored to the specific needs of your scheme.
This report is intended to inform your understanding of the assumptions being considered for the forthcoming valuation, i.e. the choice of base table, any adjustments needed to it and an allowance for future improvements in longevity. It also provides schemes with an understanding of the level of prudence contained in the mortality assumptions, to give confidence that the assumptions are reasonable for the scheme’s members.
For a recent survey, Barnett Waddingham gathered information on Solvency II capital requirements for longevity from eight internal model firms and we found significant variations in assumptions.
This blog post was written by Dave Grimshaw and Jon Palin who discussed and compared a range of methods for projecting future improvements in mortality at the IFoA’s Life Conference on 20 November.
Rewind to 1900 and infectious diseases were the second biggest cause of death in England and Wales. By 1960, deaths from infectious diseases were all but eradicated.
Projecting mortality trends is inherently uncertain and limited data makes this even more challenging. Can analysis of past trends in international data help us to better predict future trends in UK mortality rates?
In this Spotlight we analyse recent mortality improvements by cohort, including by cause of death, and assess the implications for pension and annuity portfolios.
Dementia is already the second most common cause of death group in England & Wales. Mortality rates from dementia are increasing, unlike other major causes, so it is likely to be the leading cause of death before the end of this decade.
Our 2016 Bulk Annuity Annual Report discusses the latest developments in the buy-in and buy-out market. We highlight important issues for trustees and sponsoring employees as well as summarising the views of insurers on key aspects of the market.
Following a record-breaking year in 2014 where over £13bn of bulk annuity transactions were completed, experience over the first half of 2015 suggests another potentially strong year for the market. Find out more in our latest research report.
Our experience, breadth of technical knowledge and communication skills makes us ideally placed to provide expert witness reports. A number of our experts have given evidence in court and many more have prepared expert witness reports.
A raffle held at the Barnett Waddingham staff Christmas party has helped to raise additional financial support for Crisis at Christmas – the charity that aims to end homelessness and help change people’s lives for the better.
Our regular courses are aimed at both new trustees and those seeking a reminder of the basics of trusteeship.Find out more
Our new Calculator takes the hard work out of estimating your Annual and Lifetime Allowances. Try it today… twitter.com/i/web/status/8…7 hours, 46 minutes
Need in-depth info on the Annual & Lifetimes Allowances AND an easy way to calculate them? Try our AA/LTA Calculato… twitter.com/i/web/status/8…21 hours, 31 minutes