Britain's pension scheme trustees should review their cash flow positions and assess if they can cope with further market stresses, following a sharp rise in gilt yields in recent days, The Pensions Regulator's policy director said on Tuesday.

"We ... expect trustees to review expected future cash flow requirements at a portfolio level and how they might be met in a range of conditions including an even more stressed market," David Fairs, the regulator's executive director of regulatory policy, analysis and advice, said in an emailed statement. (Reporting by Carolyn Cohn, Editing by Louise Heavens)