RPI

Jonathan Stapleton's take on the BA trustee board walk outs

Public sector organisations have launched a judicial review against the government's decision to uprate pensions in line with CPI rather than RPI.

Sebastian Cheek examines the fallout from the High Court ruling to uphold the Prudential Assurance Company's decision to cap discretionary increases for its scheme members.

Agreeing hikes to local government contribution rates by June is an "extremely optimistic" timeframe, union leaders say, throwing into doubt the Treasury's summer deadline.

Tesco has slashed its scheme liabilities by £270m by switching from the Retail Prices Index to the Consumer Prices Index for calculating inflation linked benefits.

A third BA pension scheme trustee has quit the scheme in the row over future indexation saying the scheme had become a ‘political football'.

A second British Airways trustee has resigned from the scheme over the decision to move from RPI to CPI for future pension increases.

The Pension Protection Fund has updated its valuation assumption guidance for s179 and s143 valuations to better reflect pricing in the bulk annuity market.

Punch Taverns has made additional contributions of £9m into its Spirit and Pubmaster defined benefit schemes over the past six months.

The indexation of civil service pensions was switched from Retail Prices Index to the Consumer Prices Index today.