CPI

Sebastian Cheek talks longevity swaps

Persimmon has halved its pension fund deficit after switching from RPI to CPI to revalue benefits for deferred and pensioner members.

Inflation risk has become a key concern to sponsors and trustees in light of the continued uncertainty around which measure to use for indexation, a Metlife poll reveals.

The e-petition calling for pension indexation to be returned to the Retail Prices Index has attracted almost 12,000 signatures - up from about 400 nine days ago.

BA trustee Cliff Pocock explains to Jenna Towler why he returned to the board

Government assertions that the indexation switch from RPI to CPI was based on Bank of England recommendations are political spin, a former BA trustee says.

Pensioners hardest hit as inflation rate closes in on 5%

Some Royal Mail Pension Plan scheme members' pension payments were 1.5 percentage points greater than others due to the CPI switch, annual accounts show.

Price pressures across a number of areas forced UK CPI annual inflation up from 4.2% in June to 4.4% in July.

LDI out of favour with firms; Pension liabilities market gains pace; CPI or RPI, inflation remains a big threat; Pension funds