Investment bank J.P. Morgan has started quoting prices for Consumer Prices Index swaps after the government announced it would change the indexation basis for pension increases from RPI to CPI this summer.
The bank said a CPI market would help pension funds be able to hedge out their liabilities and value their future liabilities. J.P. Morgan head of European inflation trading Kari Hallgrimsson said:...
Investors, driven by depressed interest rates, slower global economic growth and rich equity market valuations are examining non-traditional investment opportunities.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up