Deficits

UK - The Pensions Regulator has placed its review of the BT Pension Scheme funding valuation and recovery plan on hold.

SWEDEN - Sweden's government has confirmed it will not seek to change the law to stop mass fund switching within the Premium Pension system (PPM).

National Express UK Bus division has agreed an improved recovery plan with trustees of its pension fund, in response to a soaring deficit.

US - S&P 1500 companies saw their pension deficits shrink by $4bn during April, figures from Mercer show.

The UK's biggest defined benefit schemes have knocked £40bn off their deficits over the past year, as stronger equity performance pulls schemes towards full funding, figures show.

UK - The £1.3bn ($2bn) Lancashire County Council Pension Fund is to increase the power of its investment panel in a bid to reach full funding.

UK - BAA has shaved a further £37.1m ($61.5m) off its defined benefit scheme deficit, results show.

BAA has shaved a further £37.1m off its defined benefit scheme deficit, results show.

US - US corporate pension funds for companies in the S&P500 saw their unfunded liabilities shrink by $9.6bn in 2010, data from Wilshire Associates shows.

UK - Chilled food maker Uniq's losses have fallen following the pioneering debt-for-equity deal which saw its pension fund take a majority share-holding.