Professional Pensions assembled a panel of three industry experts to talk about inflation risk, how it would affect schemes and what funds can do to address this.
Final salary members could see 4% slashed from their benefits after the Bank of England used miscalculated inflation rates for more than a decade, experts say.
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.