‘Keep it simple’

By Dominic GaneFebruary 2012 (Magazine)

To mark our fifteenth anniversary, we asked 15 European pension funds about the past, present and future of pensions. Although eight respondents to this month’s Off The Record survey felt the trend would abate, all believed that increases in pension members’ longevity would continue in the 2010s and 2020s. Only two felt their fund was badly prepared to deal with this. A Dutch fund commented: “We already calculate a future increasing life expectancy, and I think it will be less than our calculations.”