CPI

The overwhelming majority of pension schemes are highly vulnerable to future inflation rises, according to a joint survey by Redington and Pension Corporation.

The groups that failed in a judicial review of the government's indexation switch intend to appeal the decision - a move which will lead to further uncertainty for schemes.

The difference between Retail Prices Index and Consumer Prices Index measures of inflation will double over the long term, the Office for Budget Responsibility predicts.

The government's decision to switch from RPI to CPI to calculate annual public sector pension upgrades has been ruled lawful in the High Court.

Stephen Jones of Kames Capital asks how schemes can surmount the historically large gap between inflation and interest rates

The government has said it will not issue CPI-linked gilts in 2012-13, saying the move would not be cost effective and would involve "a number of risks".

Steve Webb has quashed speculation the Treasury could stop up rating pensions with price inflation and replace it with a lower figure next year to save money.

Short-term inflation remains a "headache" for schemes and sponsors, despite a fall in the inflation rate in October.

Ford has clashed with unions over plans to shut its UK defined benefit scheme to new members.

Andrew Short considers the value of absolute return bond funds in overcoming the low returns caused by a stagnating economy