![]() |
Half of men celebrating their 65th birthdays this year are expected to live for nearly 21 more years while half of women reaching 65 are expected to live more than 24 years, latest official life expectancy statistics reveal. |
New life expectancy projection figures from the Office for National Statistics show rising life expectancy but a slowing in the rate of improvement. Stephen Lowe, group communications director at Just Group, said the figures are an important reminder for those reaching retirement of the importance of looking decades into the future when making plans because the chances of living to great age are higher than many people may believe. “It’s important not to fixate on average life expectancy because it doesn’t tell you what is likely to happen at an individual level,” he said. “Someone reaching 65 this year is as just as likely to live two full decades or more as they are to die early in retirement. That means having financial plans in place for all the ‘what ifs’ – that you die early, that you live to around your life expectancy, or that you live longer than average. “A combination of retirement solutions including both investments and Guaranteed Income for Life solutions can help cover all the bases, giving retirees the peace of mind to spend their pension money today knowing it won’t run out in the future.” ONS: Past and projected period and cohort life tables: 2022-based, UK, 1981 to 2072: |
|
|
|
P&C Consultant | ||
London / hybrid 3dpw office-based - Negotiable |
Senior Pricing Actuary | ||
London - £140,000 Per Annum |
Actuarial Pensions Manager | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
Financial Reporting in beautiful Bermuda | ||
Bermuda - Negotiable |
Principal Risk Analyst - island adven... | ||
Bermuda - Negotiable |
Make a difference within BPA Administ... | ||
North West / hybrid 50/50 - Negotiable |
GI Provisioning in the Public Sector | ||
London or Edinburgh / hybrid 3 dpw office-based - Negotiable |
Associate Actuary - Risk Transfer Con... | ||
Flex / hybrid 50/50 - Negotiable |
Assumptions Actuary | ||
London/Hybrid - Negotiable |
Senior Actuary | ||
London/Hybrid - Negotiable |
Senior Investment Trainee | ||
London or Edinburgh / hybrid 50/50 - Negotiable |
Pensions Manager | ||
Any UK office / hybrid 2 dpw office-based - Negotiable |
Actuarial Reserving Senior Manager | ||
London / hybrid - Negotiable |
Senior Actuarial Consultant – GMPe | ||
Any UK Office location / Hybrid working - Negotiable |
Senior Life Actuarial Consultant | ||
London / hybrid 3 dpw office-based - Negotiable |
Associate Director - BPA Origination | ||
London / hybrid 2-3dpw office-based - Negotiable |
Actuarial Reserving Manager | ||
London / hybrid 2 days p/w office-based - Negotiable |
Pension Risk Transfer Consultant | ||
Any UK Office location / Hybrid working, 2 days p/w in office - Negotiable |
Reinsurance Pricing Actuary | ||
London - £120,000 Per Annum |
FTC: Pensions Actuary: fully remote i... | ||
Remote - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.