Remember the heady pre-crisis days when the biggest headache for pensions schemes was longevity risk – in other words, people living too long? Well, according to this graph, compiled by pension buyout firm Lucida, it seems the ageing population has become old news: most trustees are now most concerned about the life expectancy of the sponsoring companies.
According to the Lucida survey, 37% of trustees in 2008 felt that the ever-extending life expectancy of their scheme members was the trickiest issue to tackle. Just under a third (31%) felt that investment returns was their biggest concern.