Deficits

Aga Rangemaster has secured a £60m refinancing deal after agreeing a recovery plan with trustees that has seen it pump £16m into its scheme this year.

The Mitchell & Butlers scheme deficit has increased from £37m to £88m from 2011 despite increases in asset value and employer contributions.

The Daily Mail and General Trust is to use proceeds from the £50m sale of its local newspaper business to plug its pension deficit.

The charity People Can has appointed PwC as its administrator as a substantial increase in its pension deficit contributions became unsustainable.

Jack Jones looks at the key figures in the latest edition of the Purple Book

Sainsbury's defined benefit scheme deficit has risen to £763m in the 12 months to October, its half yearly report shows.

Scheme deficits levelled off in October as equity markets remained flat and gilt yields picked up slightly, according to the Pension Protection Fund.

The AEA Technology pension scheme is expected to enter Pension Protection Fund assessment after its sponsoring employer was sold in a pre-pack administration.

Trinity Mirror will stick to its reduced deficit funding schedule despite seeing its shortfall increase by a third over the last six months.

An increase in long-term inflation expectations has increased FTSE350 defined benefit liabilities by around 3%, according to Mercer.