A mounting assembly comprising mating inner and outer components (36, 38) mounted together using a tolerance (20) is disclosed. The tolerance ring (20) has radially extending projections (28) that are configured to cause the tolerance ring (20) to operate into the plastic phase of its compression force/retention force characteristic. This can be achieved by using softer projections than those found in conventional tolerance rings. The force required to mount the tolerance ring and a range of retention forces exhibited by it for a given variance in sizes of mating components is thereby stabilized.