Rising life expectancy adds £13bn to FTSE350 liabilities

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INCREASES in life expectancy assumptions have added £13bn to FTSE350 scheme liabilities over the past year, research by Mercer Human Resource Consulting shows.

The actuarial and consulting firm’s quarterly scheme research revealed the biggest 350 firms in the UK increased life expectancy assumptions by an average of one year between 2005 and 2006. Mercer...

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