Government plans to switch inflation-linked uplifts for final salary pension schemes from the retail prices index (RPI) to the consumer prices index (CPI) have had an instant and negative effect on the UK index-linked gilt market, Aegon Asset Management says.
European head of rates Stephen Jones said real yields are seven to nine basis points higher at the long end of the real yield curve, with a similar move in breakevens (i.e. the difference between long-dated...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers