UK Corporate Bond

The combined defined benefit deficit of FTSE350 firms has risen 50% during the first four months of this year, research from Mercer shows.

Private sector deficits increased last month for the first time this year after slower growth in equities, research from the Pension Protection Fund shows.

Barclays Group deficit across all its schemes has increased by 550% over 2012 rising by £1.1bn to stand at £1.3bn, its final results have shown.

Cumbria City Council has awarded the £130m fixed income mandate of its pension scheme to Standard Life Investments.

Royal Bank of Scotland, Barclays and HSBC were among the list of the world's biggest banks to be downgraded by Credit rating agency Moody's last night.