British Polythene Industries (BPI) has agreed with the trustees of its defined benefit (DB) scheme to switch its pension payments to the Consumer Prices Index (CPI).
The decision to move away from the Retail Price Index (RPI) was made in February following the government's view that CPI is the most appropriate inflation measure for pensions. In its financial...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
