Deficits

Rolls Royce has seen its UK schemes' funding position fall by 28% due to a decrease in the value of assets, its 2012 results show.

The Universities Superannuation Scheme's in-house investment manager, USSIM, has strengthened its private equity team with the appointment of Robin Filmer-Wilson.

The aggregate deficit of UK private sector schemes has decreased by £33.5bn over January, research from the Pension Protection Fund shows.

Barclays Group deficit across all its schemes has increased by 550% over 2012 rising by £1.1bn to stand at £1.3bn, its final results have shown.

The Actuarial Profession has revised down its life expectancy projections for older people after recording slower than expected improvements in mortality rates over the last decade.

Deficits at the UK's biggest schemes rose more than 20% in January despite big gains on the stock market, according to research from Mercer.

Diageo is to make a one-off £400m contribution to its pension scheme in order to help make good a billion pound plus deficit, its interim results have shown.

The combined deficit of all UK schemes increased by £150bn last year to reach a total of £550bn, research by Xafinity shows.

Engineering firm Renishaw has seen its deficit increase by more than £3m in the last year despite a strong performance from its assets.

The Department for Work and Pensions has launched a consultation on creating an objective for the Pensions Regulator to consider the long-term affordability of deficit recovery plans for defined benefit schemes' sponsors.