CPI

Total FTSE350 scheme funding deficits could swing back into surplus by the end of the year due to the Consumer Prices Index inflation switch, Aon Hewitt predicts.

The government has reiterated it will not introduce legislation to override pension scheme indexation rules.

The government's decision to revalue pensions by Consumer Prices Index inflation has led to a "scheme rules lottery" for private sector schemes, a lawyer warns.

The Royal Mail has cut its pension scheme deficit by 45% after a change in inflation assumptions, despite suffering losses of more than £49m last year.

Two-thirds of FTSE350 firms use lower levels of inflation than the market to calculate pension accounts - shaving £7bn off deficits, a survey shows.

UK - Schemes will find opportunities in actively managed inflation-linked bonds next year due to the differential between RPI and CPI-linked bond yields, an asset manager claims.

Johnson Matthey has slashed its pension scheme deficit by more than 60% after accelerating its recovery plan to benefit from favourable tax conditions.

Schemes will find opportunities in actively managed inflation-linked bonds next year due to the differential between RPI and CPI-linked bond yields, an asset manager claims.

Northumbrian Water has slashed its pensions deficit after injecting an extra £70m into the scheme in March and April this year and switching to Consumer Prices Index linking.

Gut wrenching indexation decisions