UK. Life expectancy declining: KPMG
Latest research from KPMG debunks the assumption that life expectancy is increasing when in fact it has contracted for the fourth consecutive year.
After analysing the mortality of UK retirees on defined benefit plans, the KPMG 2019 Pensions Accounting Survey found median life expectancy has fallen by 0.2 years for current pensioners and 0.1 years for future pensioners.
A current pensioner aged 65 for example, is expected to survive a further 21.9 years on average.
However, a future pensioner currently aged 45 is expected to live a further 23.4 years from the age of 65.
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