Less than a year after all Covid-19 restrictions were finally lifted, there are reminders that the after-effects are still with us. One such reminder is the latest data on mortality trends.
Something unusual has been happening recently in the national mortality data that suggests that things aren't returning to normal for longevity.
Some believed there were reasons to be optimistic about the impact of Covid-19 on life expectancy, with advances in medical science and better public hygiene leading to health improvements in a post-pandemic world.
An alternative view was that the long-term health implications of Covid-19, together with the legacy of missed treatments and economic chaos, could lead to worse health outcomes and a slowdown in longevity improvements.
However, over the last 18 months there have been more deaths than expected based on mortality in 2019 and this appears to be a significant emerging trend.
So, what is behind the recent high levels of excess deaths? And what does this all mean in practice for defined benefit pension schemes?
Read our briefing note which analyses the data and offers insights for pension schemes.
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Download our briefing note for an expert summary and analysis of the latest data on mortality trends.
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