Inflation

UK corporate pension deficits rose 14% in April as an expected improvement in bond yields failed to materialise, says Xafinity.

Hannah Brenton analyses the latest inflation predictions

Whitbread has increased the value of its asset-backed funding arrangement with its pension scheme to continue tackling its deficit, its latest results show.

Removing compulsory inflation proofing from defined benefit schemes would "widen the gulf" between public and private sector provision, says consultant John Ralfe.

The Office for National Statistics' decision to downgrade the status of the retail prices index and publish two additional inflation measures could lead to the index being dropped, warn consultants.

Liability assumptions have wiped out higher than expected asset returns and a de-risking exercise for the Johnston Press Pension Plan, its final year accounts show.

International rules designed to bring transparency to the opaque derivatives market could backfire by imposing heavy costs on pension funds and force them to abandon hedging strategies, the industry's trade body warns.

UK inflation expectations yesterday hit their highest levels since the beginning of the financial crisis in September 2008.

Mark Carney's arrival at the Bank of England will prompt a fresh round of monetary policy with "no let-up" for pension funds already struggling with low interest rates, the former deputy governor of the Bank told delegates.

The vast majority of respondents to the National Statistician's consultation on the retail prices index called for no change because of fears over the impact of any alteration on savings.