The move to CPI for pension indexation will reduce defined benefit liabilities by about £60bn by the end of the year, KPMG says.
The firm's Pensions Accounting Survey 2011 found 135 out of 265 companies are using CPI as the basis for certain benefit increases, with a typical rate being 2.9%, or 0.6% below median RPI estimates of...
Tim Sharp warns the DWP's plans for collective DC risk establishing an inhospitable environment for the lay trustee
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.