PLSA: What `The 100-Year Life´ Means for UK Pensions
(WorldNews Africa)

The PLSA Annual Conference took place in Manchester last week with the theme `Decoding The Future,` which demonstrates the pension industry`s focus on the need to tackle future challenges today. One of the standout sessions focused on The 100-Year Life, with featured author and academic Lynda Gratton, and NEST chair, Otto Thorensen. The issue of longevity is certainly not new, but Gratton`s research, published in her 2016 book of the same name, has added fresh urgency to the topic. One Defined Benefit (DB) scheme manager who attended the conference had four scheme members over 100 at the start of the year, which illustrates the phenomenon. Both DB and Define Contribution (DC) schemes alike...