UK Pensioner Life Expectancy Fell Shorter Last Year
Men and women at the age of 65 have a shorter lifespan in 2016 compared to 2013. According to projects by commissioned actuaries, men 65 years old and above would live another 22.2 years while women in the same age and above would live 24.1 years. The figures are low compared to the highest expectancy rates in 2013.
According to the Institute and Faculty of Actuaries, the data from 2013 shows that men and women aged 65 had better lifespan expectations of 22.8 and 25.1 respectively. Factors changing the figures include the lower expectations of experts regarding death rates in the United Kingdom.
The Institute report said population data since 2011 suggested that mortality rates are improving but it could slow down during the first few years of the new decade. The trend has indeed dropped since 2011.
Willis Towers Watson Stephen Caine said mortality rates in the UK had fallen at an impressive rate because of a 2015 influenza outbreak. Speculation by experts showed that older age groups could have dropping mortality rates in the process. However, the Continuous Mortality Investigation (CMI), which uses data from the Office of National Statistics (ONS), indicates that the life expectancy differences in projects were because of “less optimistic assumptions” about how the country could resolve problems and obstacles for death rate improvements in the future.