CPI

Jonathan Stapleton's take on the BA trustee board walk outs

Tesco has slashed its scheme liabilities by £270m by switching from the Retail Prices Index to the Consumer Prices Index for calculating inflation linked benefits.

A third BA pension scheme trustee has quit the scheme in the row over future indexation saying the scheme had become a ‘political football'.

UK - A second British Airways trustee has resigned from the scheme over the decision to move from RPI to CPI for future pension increases.

A second British Airways trustee has resigned from the scheme over the decision to move from RPI to CPI for future pension increases.

The Pension Protection Fund has updated its valuation assumption guidance for s179 and s143 valuations to better reflect pricing in the bulk annuity market.

Punch Taverns has made additional contributions of £9m into its Spirit and Pubmaster defined benefit schemes over the past six months.

The indexation of civil service pensions was switched from Retail Prices Index to the Consumer Prices Index today.

The government has so far failed to meet its promise on entering office to reinvigorate occupational pension schemes, the Association of Consulting Actuaries says.

Threatened strike action at Ford has been called off after unions backed down following a row over future pension indexation.