UK - The FTSE 100 FRS17 deficit decreased to £49.9bn, down from £56bn at end August, according to Watson Wyatt.
Watson Wyatt attributed the deficit drop down to two things - the overall lack of change in corporate bond yields, and strong performance from both domestic and foreign equities (0.9% over the month equating to an annual return of nearly 12%).
But the deficit remains high compared to its April 2006 low of £29bn and even compared with July's deficit, which actuarial consultants Lane, Clark & Peacock put at £36bn.
Only five companies in the FTSE 100 reported a pension scheme surplus in 2005: Associated British Foods, Gallaher Group, Johnson Matthey, Old Mutual and Schroders.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.