funding level

Travis Perkins has reported a £32m scheme surplus after making a one-off £35m contribution into the fund, introducing a contingent asset and capping pensionable salary increases at 3%.

US - Rhode Island's unfunded public pension liabilities for teachers and most state workers jumped about 27% after the board overseeing the retirement system voted to cut the presumed rate of return on assets.

US - The California State Teachers' Retirement System (CalSTRS) has reported a fall in its funding level of 7% to 71% in the fiscal year to June 30 2010.

EUROPE - KAS Bank has developed an app for the iPad which enables pension fund managers, trustees, sponsors and fund administrators to access up-to-date fund data at any time and from any location.

US - State and local government pension fund assets rose by 5.5% in the last quarter of 2010 as stock market gains helped recoup losses incurred since the financial crisis.

US - The funded status of the 100 largest corporate defined benefit pension plans declined by $6bn during February 2011, research by Milliman shows.

The Kingfisher Group wiped £140m off its defined benefit schemes' combined deficit last year, due to asset returns and changes to discount rate and mortality assumptions.

NETHERLANDS - The average funding ratio of Dutch pension funds rose from 99% to 107% over the last quarter of 2010, figures from the country's central bank show.

Benign markets and the shift from RPI to CPI reduced defined benefit deficits from £144bn to £64bn over the past year, Pension Capital Strategies research shows.

Uniq's deficit for equity agreement is "quite clearly" the best option for the trustees, The Pensions Regulator says.