Longevity

Reuters reports that corporate pension obligations in the UK are increasing as a result of improving life expectancies. According to consultancy Aon Hewitt, there has been a "huge amount of improvement in terms of life expectancy assumptions" over the past 10 years. The flipside of this increasingly longevity is the risk that it presents to those who must finance greater longevity. For example, it is estimated that rising rates of longevity contributed 5 billion pounds to British corporate...

Scientists at Stanford University and the University of Texas at Austin published a study that suggests moderate to heavy alchohol consumption may actually be beneficial from a longevity perspective. The study tracked 1,824 individuals over a 20 year period. It should be notes that the study focused on individuals between the ages of 55-65. Results indicate: Moderate drinkers (those who consume between 1 and 3 drinks per day) have the lowest mortality rates. Controlling only for gender and age...

The reinsurance company Swiss Re recently published a comprehensive report that highlights the risks many societies face as a result of ageing populations and increased life expectancies.