Rising life expectancy adds £30bn to scheme liabilities

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

FTSE100 companies added £25bn to their balance sheets during 2005 and 2006, the study found. The current deficit of FTSE100 schemes is estimated at between £20bn and £25bn – so had life expectancy ...

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