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
Schemes need to be wary of future deflationary pressures when managing liability risks, LCP says.
Government is contemplating legislative action to loosen strict rules preventing more than half of schemes switching from RPI to CPI inflation increases, PP can reveal.
Member benefits will be compromised if the Consumer Prices Index is used instead of Retail Prices Index to measure price inflation, MetLife Assurance says.
Government proposals to link increases in public service pensions to the CPI will force thousands of couples to delay divorce proceedings, an actuary warns.
FTSE100 companies' median liabilities jumped about 20% last year due to changes in accounting assumptions, Mercer research reveals.
The consumer price index of inflation eased in May to 3.4%, down from 3.7% in April, according to the Office for National Statistics.
Accounting surveys by KPMG and Hymans Robertson - both published last week - found increases in inflation assumptions have increased markedly but are still failing to keep pace with market assumptions.