Deficits

US General Motors has made a $4bn cash contribution to its US hourly and salaried pension plans.

UK - The top 100 UK firms' defined benefit schemes knocked £42bn off their combined deficit over the last year, Pension Capital Strategies research shows.

The top 100 UK firms' defined benefit schemes knocked £42bn off their combined deficit over the last year, Pension Capital Strategies research shows.

The pension plans of the world's largest multinationals have fallen further into deficit despite record company contributions, research shows.

EUROPE - The pension plans of the world's largest multinationals have fallen further into deficit despite record company contributions, new research shows.

Balfour Beatty has agreed a recovery plan with trustees to eliminate defined benefit scheme's £432m deficit over the next eight years.

The combined pension deficit of FTSE100 firms could jump by £25bn in one month due to unhedged risk exposure, a report suggests.

UK - The total deficit of FTSE100 pension schemes decreased to £66bn ($105bn)in the third quarter, Pensions Capital Strategies analysis shows.

The total deficit of FTSE100 pension schemes decreased to £66bn in the third quarter, Pensions Capital Strategies analysis shows.

Costain has transferred its interest in six private finance initiative investments to the company pension scheme, wiping £22m off its deficit, results reveal.