Deficits

The accounting deficit of Dixons' UK defined benefit scheme rose from £261.9m to £406.4m over the 12 months to the end of April.

The Comet Pension Scheme deficit remained unchanged at €40m (£34m) last year, despite the scheme receiving additional contributions in a deal which released former sponsor Comet from its obligations.

The rise in the yield on government debt has cut private sector deficits by over a quarter, research from the Pension Protection Fund (PPF) finds.

The market for buy-ins and buyouts in 2012 is likely to exceed the £5bn of business conducted in each of the last few years, according to research from Aon Hewitt.

Almost all FTSE100 firms increased the discount rate for IAS19 liabilities due to the yield on AA corporate bonds, research from Barnett Waddingham finds.

An unusual increase in the yield of corporate bonds has seen FTSE350 defined benefit (DB) deficits fall in May, research from Mercer shows.

The Royal Mail is planning to cap pensionable pay increases for members of its pension plan as costs escalate and privatisation looms, despite a liability transfer to the government.

Guinness Peat Group has seen its schemes' deficits increase over the first quarter as an investigation by The Pensions Regulator into its scheme responsibilities continues.

Compass Group has seen its defined benefit scheme deficit fall by more than £50m after making a one-off contribution of £72m in March.

Minute gains in the FTSE has seen private sector defined benefit deficits increase for the second month in a row, adding £20bn, research from the Pension Protection Fund (PPF) shows.