Deficits

Kingfisher has seen the funding level of its defined benefit (DB) scheme drop from a £71m surplus to a £29m deficit.

Low cost supermarket Morrisons' net pension liabilities almost halved from £20m to £11m over the 12 months to February 2014.

Helen Morrissey looks at how quantitative easing has affected defined benefit schemes

The combined deficit at UK schemes shrunk by 20% last month, according to figures from the Pension Protection Fund (PPF).

Premier Foods will reduce cash payments to its pension schemes by £161m over the next six years as part of a capital restructuring programme, it confirmed today.

British Polythene Industries (BPI) is to restructure a property-backed funding partnership with its scheme after an intervention from the Financial Reporting Council (FRC).

GKN has seen the deficit in its UK schemes more than double after amending an asset-backed contribution structure (ABC) to address concerns raised by the Financial Reporting Council (FRC).

The aggregate deficit of schemes in the PPF 7800 rose by £48.9bn in January, to £76.5bn.

The deficit at Barclays' UK Retirement Fund increased 75% in 2013, hitting £1.4bn by the end of the year.

The Scapa Group has completed a merger of its UK defined benefit (DB) schemes and put in place a 25-year asset-backed contribution structure ABC to fund the new scheme.