Laith Khalaf

The increase from 2.1% puts further pressure on the Bank of England

Lloyds Banking Group has sold its remaining stake in Standard Life Aberdeen following a decision to withdraw £109bn of assets managed by the firm for Scottish Widows.

Obligation for the Asda defined benefit (DB) pension scheme will not be shared between Walmart and J Sainsbury following the merger of their two supermarket businesses, it has been confirmed.

Supermarket giant Tesco has halved its overall defined benefit (DB) deficit after adapting its discount rate calculations to better reflect trends in long-dated corporate bond yields.

The Investment Association's (IA) report on hidden costs and charges has been blasted as "amateurish and totally misleading" in a damning attack from the industry.

The yield on the benchmark 10 year gilt fell to a record low yesterday, dropping below 1.25% for the first time and bottoming at 1.22%.

There has been a significant rebound in the asset values of UK defined benefit (DB) pension schemes since this week's ‘Black Monday' stock market turmoil.

Helen Morrissey finds there is still plenty of potential for non-compliance