A paper entitled "The Importance of Year of Birth in Two-Dimensional Mortality Data" was presented to the Institute of Actuaries' Sessional Meeting on 24th October 2005. An electronic copy of the paper can be downloaded here. Alternatively, printed copies of the paper can be requested from Maria Lyons at the Institute of Actuaries (Maria.Lyons@actuaries.org.uk).
The opening speech can be found here, which makes reference to the financial implications, particularly for defined-benefit pension schemes.
A separate slideshow of graphs accompanying the presentation of the paper can be downloaded here.
The paper received coverage in a variety of newspapers: The Telegraph, The Scotsman The Sunday Times and Citywire.