Increases in VAT, fuel duty and the price of crude oil contributed to a surge in inflation in January, latest official figures reveal.
UK - The UK inflation rate rose to 4% in January, which is double the government's target and up from 3.7% the previous month.
Global inflation will erode defined benefit deficits substantially but savers will have to accept they will be far worse off, Lindsay Tomlinson warns.
Interest rate hedging increased 44% in the last three months of last year, driven by pension schemes rushing to capitalise on attractive market swap levels, a survey suggests.
The threat to pension funds posed by soaring inflation and interest rate rises can be cushioned using absolute return strategies, Aviva Investors says.
UK - Inflation edged closer towards 4% in December as the rising cost of food and oil products continued to hit the price of goods and services.
The Bank of England must increase interest rates this week to protect pensioners from the effects of high inflation, Ros Altmann says.
Inflation figures published today prove the government is making poor people worse off by using CPI for measuring pension payment increases, Labour says.
UK - The combined pension deficit of FTSE100 firms could jump by £25bn ($39.7bn) in one month due to unhedged risk exposure, a report suggests.
Chris Wagstaff, of Aviva Investors looks at what inflation means for defined benefit schemes, the implications of implementing a new inflation indexing basis and whether inflation remains a threat