Significant rises in price levels are needed to stop negative inflation being used to calculate pension increases, Watson Wyatt calculates.
The consultant said - while retail price inflation over 12 months fell to zero in February, rather than turning negative as most commentators had predicted - a further 3.3% increase in the price level...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point