discount rates

Insurer RSA saw its deficit rise substantially despite an increase in its assets and contributions from the sponsor, its results show.

Telecoms group Everything Everywhere has seen its defined benefit scheme deficit rise by 48% over 2012 as liabilities increased by £60m, according to its results.

Pendragon has merged its six defined benefit schemes into one as its liabilities increase by 245%, its full year results show.

Amec has closed its career average revalued earnings schemes to new members and offered cash lump sum settlements despite its principal scheme being in surplus, its full-year results show.

Taha Lokhandwala looks at the options for smoothing discount rates

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 government has launched a call for evidence on whether smoothing discount rates could "materially improve" UK employers' ability to attract investment or invest in the short term.

Unilever's scheme deficit rose by €500m in 2012 due to falling discount rates and a 33% fall in the value of its assets.

Companies should consider early adoption of the revised IAS19 as it impacts risk-management strategies, a consultant warns.

Jack Jones looks at plans revealed in the Autumn Statement to ease the burden of DB