Assets under management (AUM) at the world's top 500 managers increased by $5.2trn (£3.2trn) over the course of 2012, research from Towers Watson shows.

Strong asset returns particularly from its bonds and cash allocation sees Dairy Credit reduce its deficit by £38m, its interim results show.

The Pensions Regulator's (TPR) guidance on double counting in multi-employer defined benefit (DB) schemes is misguided, widely cast and could force employers to cut deficit payments, according to lawyers.

Sponsoring employers have been urged to apply pressure on trustees to make sure the full flexibility allowed in actuarial valuation assumptions is used, advisers say.

The volume of premiums in bulk annuity deals reached a record £3.9bn between July and September, research from LCP shows.

Credit agency Experian has seen its IAS19 defined benefit (DB) surplus shrink after volatility in the discount rate used to calculate liabilities, its half year report shows.

Legal & General's (L&G) workplace platform assets under administration (AUA) rose to £7.9bn after a net-inflow of £400m, its Q3 update shows.

Aon Hewitt is to merge its benefits administration and HR business process outsourcing (HRBPO) units in the UK, leading to around 45 redundancies.

Around 50 pensioners have filed cases with the small claims court against British Airways (BA) over changes to the Airways Pension Scheme's (APS) inflation protection.

Insurance companies in the FTSE100 have some of the best defined benefit (DB) scheme funding levels as a result of Solvency II, research from JLT Employee Benefits (JLTEB) shows.