Pensioner holding money
Media playback is unsupported on your device

Pensions: Should FTSE 100 workers worry?

The pension deficit at Britain's FTSE 100 companies has widened by £1 billion over the year, despite employers pumping in more money and rising share prices.

According to a report out today from LCP, rising life expectancy has added £40 billion to liabilities over the last eight years.

So why the is the problem not improving - and should we be worried?

LCP's Bob Scott told BBC Radio 5 live's Wake Up to Money, "They're not about to run out of money, it's just they don't have quite enough money... to pay all the pensions they've promised to pay."

  • 06 Aug 2013
Go to next video: 'Employees face pensions pressure'