CPI

BT has been barred from swapping the indexation of the third section of the BT Pension Scheme (BTPS).

CPI drops to 3%

Inflation rose to 3.1% in November, according to the Office for National Statistics (ONS), beating previous estimates that it would hold steady at 3%.

BT is seeking to switch indexation for the final section of its scheme in order to stem a ballooning deficit.

Respondents say there has been some success with automatic enrolment (AE) but members are still not saving enough.

This week we want to know how successful you think auto-enrolment has been as we approach the fifth anniversary in October, and when the next significant financial crisis will be.

Up from 2.6%

Unchanged from previous month

This week's top stories include work and pensions committee chairman Frank Field telling PP that more needs to be done to consolidate defined contribution pots.

While the government moots allowing schemes to swap indices when rules are rigid, James Phillips explores whether a new index could end the debate