LPI

Buzz respondents were split equally over the prospect of scrapping compulsory limited price index (LPI) inflation protection for DB schemes.

Compulsory limited price indexation (LPI) for defined benefit pensions in payment should be scrapped by 2016, says the Association of Consulting Actuaries.

Schemes are being asked to pay a prohibitive premium to hedge against Consumer Prices Index or Limited Price Index inflation, delegates at the PP Risk Reduction Forum heard.

John Atkin of M&G sets out more predictable inflation-matching alternatives to the ‘roller coast ride' of commodities.

Ben Jones examines whether long-term property leases can be used to hedge inflation risk.