Longevity modelling must evolve

Longevity modelling must evolve

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Click here to view the full version of this article. For at least the past century-and-a-half, life expectancy has been rising consistently. However, it is only recently that its measurement and modelling has gained significant attention. This is primarily the result of the profound impact on pension and social security systems of three elements: increasing longevity; volatile and poorly performing financial markets; and decreasing fertility rates. The continuous increase in available computi

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