Working Paper 81 was issued alongside the final “08” Series mortality tables that are based on the 2007-2010 datasets for Pension annuities in payment, Pension annuities in deferment and Life annuities. The paper:
- Contains an overview of the tables;
- Summarises the feedback received on the proposed tables, issued for consultation in Working Paper 78, and the Committee’s responses; and
- Discusses potential future work.
The rates are available in an Excel spreadsheet issued alongside this paper:
As part of the work on illustrative high age extensions (see Working Paper 100), it became apparent that the “08” Series Annuities tables were not rounded to six decimal places, as is conventional CMI practice. The impact of this should be insignificant and the Annuities Committee has decided not to re-issue the rates, as this could create confusion.
If you have any questions about the CMI please email
Filter or search events
Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s Climate Change Guidance Consultation, which is seeking views on new guidance designed to help trustees meet tougher standards of governance in relation to climate change ri
This session will examine the megatrends and themes driving the Future of Work across the Financial Services industry, and how Covid-19 has accelerated new future work priorities with a particular focus on hybrid work and leadership mindset and capabilities.
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them.
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.