Could £310bn be wiped off UK's DB fund deficit?

The combined DB pension fund deficit of UK companies grew £30bn last month to total £530bn, but the latest life expectancy analysis from the UK's Continuous Mortality Investigation now suggests people may not live as long as had previously been estimated. Earlier assumptions had predicted a woman aged 40 today would, on average, live to 91, but the most recent analysis suggested they are now expected to live to 86. PwC claims that, if the trend of slowing life improvement continues, the pension deficit could be reduced to £220bn as DB schemes will have to pay members for shorter perio...