Sponsoring employers are increasingly updating mortality assumptions at a more frequent rate to keep on top of changes in pension liabilities, according to Mercer.

Withdrawals have hit £10bn barrier

This week we want to know if you agree with Theresa May that the Pensions Regulator should be able to veto mergers and acquisitions in certain circumstances.

The combined deficit of Sainsbury's defined benefit (DB) schemes has climbed 119% in twelve months, according to its preliminary annual results.

Trustees of the Monsanto Pension Plan have agreed a £100m buy-in, protecting benefits for around 150 pensioners.

CMS has named Mark Grant as head of pensions as the law firm completes its tripartite merger with Nabarro and Olswang.

The Pensions Regulator (TPR) will be given powers to block certain mergers and acquisitions (M&As) to protect pensions if the Conservative Party is re-elected on 8 June.

The combined funding level of the UK's defined benefit (DB) schemes stayed stable over April with just a £10bn increase in deficit, JLT Employee Benefits has estimated.

This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.

Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.