Investment bank J.P. Morgan has started quoting prices for Consumer Prices Index swaps after the government announced it would change the indexation basis for pension increases from RPI to CPI this summer.
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 should look at the bigger picture on risk before opting for insurance contracts that enable switching from RPI to CPI, a consultant says.
Pension Insurance Corporation has begun offering scheme sponsors flexible insurance contracts that enable it to switch benefit payments from RPI to CPI.
This month, panellists Stephen Jones and Jeroen van Bezooijen discuss the effects of the move to the Consumer Prices Index
More than half of scheme managers believe switching indexation of pension increases from RPI to CPI will help pension funds, an exclusive PP survey reveals.
The recent announcement that pension increases will be linked to CPI rather than RPI could leave future pensioners out of pocket. Helen Morrissey looks at whether this will be the case, and asks how the change needs to be managed
Linking pension payouts to the CPI instead of the RPI will force pensioners to raid their savings and investments, Schroders Investment Management claims.
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.
The advent of the coalition government has certainly ushered in frantic times for the pensions industry.