Cookson is to offer deferred members of its defined benefit scheme an enhanced transfer value to leave the scheme to cut its future liabilities.
The aggregate pension deficit for the UK's biggest companies dropped by 63% in the last year thanks to shifting indexation measures and continuing high levels of employer contributions.
The Labour Party has switched to using the Consumer Prices Index for uprating its own pension scheme despite repeatedly attacking the government for making the change possible.
The panel discusses bulk annuities.
The former trustees of the BA Airways Pension Scheme have vowed to take the scheme to court over its controversial move to stop paying pensions in-line with RPI inflation.
Michael Bow discusses the BA trustee dispute
Total FTSE350 scheme funding deficits could swing back into surplus by the end of the year due to the Consumer Prices Index inflation switch, Aon Hewitt predicts.
The government has reiterated it will not introduce legislation to override pension scheme indexation rules.
The Royal Mail has cut its pension scheme deficit by 45% after a change in inflation assumptions, despite suffering losses of more than £49m last year.
Two-thirds of FTSE350 firms use lower levels of inflation than the market to calculate pension accounts - shaving £7bn off deficits, a survey shows.