On the go: Nearly 9,000 firefighters will receive £3,750 from the government to compensate for anxiety and stress caused by a “government pensions debacle”.

On the go: The £46.9bn BT Pension Scheme sustained an £11bn hit to its assets following the government’s September “mini” Budget, before the Bank of England intervened to stabilise gilt markets.

Liability-driven investment funds have built sufficient capital to shield themselves from the impact of further spikes in gilt yields, the Bank of England has said.

Pension schemes are reviewing their asset allocations and resilience to future market shocks, as gilt yields fell in response to the abandonment of most measures presented in the September “mini” Budget.

On the go: Two-fifths of businesses with more than 500 employees have warned that employees are lowering their pension contributions in response to the cost of living crisis, according to one pension provider.

This week – Journalists to blame for all the pain and suffering trustees and advisers are living with, Alex Burghart is finally confirmed as pensions minister, PLSA conference hears the small pots problem is ‘only going to get worse’, and the UCU is still kicking the shins of Universities UK over benefit cuts.

The Department for Work and Pensions will consult on multi-employer collective defined contribution schemes before the end of 2022, according to a senior civil servant.

Defined benefit pension schemes were not on the verge of collapse before the Bank of England’s gilt market intervention, the Pensions Regulator’s chief executive Charles Counsell has said.