By Susan Bell Improved life expectancy of the phase two pensions review population has prompted the ...
By Susan Bell Improved life expectancy of the phase two pensions review population has prompted the Financial Services Authority (FSA) to adjust the calculations used to determine loss and redress The rates of return and the mortality decrements which should be used for calculating actual and prospective loss and redress for pension transfers and opt outs should now assume mortality in line with the standard mortality table PA(90) rated down three years Changes to the authority's guidance were decided following advice from the FSA's independent actuarial advisers that the original mortal...
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