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Top companies are failing to take proper account of pension schemes

Many top companies are failing to show the true cost of their pension schemes in their accounts according to a report by actuaries Lane Clark & Peacock.


In its sixth annual survey the actuaries claim 35 per cent of FTSE 100 companies failed to show information in their accounts on how pensions costs had been calculated.


Among the companies highlighted for falling short of the required standards for pension cost accounting are BAT, British Telecommunications, Carlton and United News & Media.

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