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The mortality rate in England and Wales improved again in 2011, which could have a knock-on effect on pensions, actuaries have suggested. The number of deaths fell to 484,000, according to official figures. Crunching the numbers, the Actuarial Profession said the death rate fell by 4% – down from an average annual drop of 2.4% in the previous decade. Actuaries Punter Southall said falling death rates would inevitably make it more expensive to fund pension schemes. Last year was the third in a row in which deaths had been below 500,000. The figures – from the Office for National Statistics… continue reading