KPMG: rising life expectancy adds £30bn to deficits

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RISING life expectancy has added £30bn to UK pension scheme liabilities in just two years, analysis by accountant KPMG reveals.

FTSE100 companies added £25bn to their balance sheets during 2005 and 2006. The current deficit of FTSE100 schemes is £25bn, so had life expectancy remained the same as 2004, they would be fully fu...

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