A decline in life expectancy is having a chilling effect on a market that depends on insurers and pension funds spreading the risk of policyholders living longer . Furthermore, analysis of the Aon Hewitt Longevity Model (AHLM) dataset supports further analysis undertaken by the CMI, which reveals that mortality rate improvements for pension scheme members have varied from the national population. So - called longevity - risk transfer ( LRT ) transactions have slumped as carriers debate the accuracy of recent data showing an increase in mortality rates , Aon Hewitt said . The latest continuous mortality data suggests the chances of living to 65 have dropped 1.3 % for men and 2 % for women . " The pension and longevity market itself is in a state of flux " , Aon Hewitt said , fearing that if the data is wrong , the LRT market will be mispriced .
A decline in life expectancy is having a chilling effect on a market that depends on insurers and pension funds spreading the risk of policyholders living longer . So - called longevity - risk transfer ( LRT ) transactions have slumped as carriers debate the accuracy of recent data showing an increase in mortality rates , Aon Hewitt said . The latest continuous mortality data suggests the chances of living to 65 have dropped 1.3 % for men and 2 % for women . " The pension and longevity market itself is in a state of flux " , Aon Hewitt said , fearing that if the data is wrong , the LRT market will be mispriced .